507 E Palmetto StWauchulaFL33873
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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
Rental property for sale in Wauchula at 507 E Palmetto St, Wauchula, FL, 33873 generates $1,670/mo in rent and, after a $1,224/mo payment, leaves $11/mo in cash flow. Total monthly income is $1,670/mo, and annual cash flow is $127/yr on $82,875 invested. Return on cash invested sits at 20.06% in year one, and rental yield is 8.02% on a $250,000 entry. Equity gained on principal adds $1,613/yr, while 5% annual appreciation builds toward $69,070 over five years. Five-year ROI reaches 104.27% and total cumulative return in cash sums $86,410. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,670/mo property income rather than buyer’s personal income.
Multi Family
Built in 1979
0.33 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 33873, Wauchula, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 5,609 (100%) |
| Owner Occupied HU | 3,226 (57.5%) |
| Renter Occupied HU | 1,606 (28.6%) |
| Vacant Housing Units | 777 (13.9%) |
| Median Home Value | $232,207 |
| Average Home Value | $277,334 |
Housing Distribution
Address Breakdown
Residential
4,669
Single Family
4,290
Multi-Family
379
Businesses
568
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