505 Glad RdWinter HavenFL33880
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Ziffy AI Summary
A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |
- Attractive rent-to-price ratio for income stability
- Good fit for DSCR financing with healthy coverage
Investment Highlights
Investment property for sale in Winter Haven at 505 Glad Rd, Winter Haven, FL, 33880 listed at $195,000 pairs $1,508/mo rent with a $954/mo payment to leave $214/mo cash flow. Total monthly income runs $1,508/mo, and annual cash flow reaches $2,572/yr on $64,643 cash to close. Return on cash invested measures 23.89% in year one, and rental yield registers 9.28% at a $195,000 basis. Equity gained on principal adds $1,258/yr, and annual property appreciation at 5% supports $53,875 by year five. Five-year ROI tracks 124.8% and total cumulative return in cash totals $80,674. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $1,508/mo property income relative to a $954/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1962
7,501 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 33880, Winter Haven, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 18,566 (100%) |
| Owner Occupied HU | 11,323 (61.0%) |
| Renter Occupied HU | 5,760 (31.0%) |
| Vacant Housing Units | 1,483 ( 8.0%) |
| Median Home Value | $311,728 |
| Average Home Value | $363,093 |
Housing Distribution
Address Breakdown
Residential
17,386
Single Family
15,032
Multi-Family
2,354
Businesses
1,341
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Donna Keath • CENTURY 21 MYERS REALTY
Mls Name: Stellar MLS
Mls ID: #L4957552