508 Blue Flag DrAuburndaleFL33823
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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 Auburndale at 508 Blue Flag Dr, Auburndale, FL, 33823 offers $3,553/mo rent that, after a $3,597/mo payment. Total monthly income is $3,553/mo. Return on cash invested measures 13.49% in year one, and rental yield stands at 5.8% at a $735,000 entry. Equity gained on principal adds $4,743/yr while 5% annual appreciation compounds into $203,067 by year five. Five-year ROI records 68.96% and total cumulative return in cash reaches $166,764. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $3,553/mo property income versus a $3,597/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 2023
0.27 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 33823, Auburndale, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 16,100 (100%) |
| Owner Occupied HU | 10,984 (68.2%) |
| Renter Occupied HU | 3,630 (22.5%) |
| Vacant Housing Units | 1,486 ( 9.2%) |
| Median Home Value | $317,933 |
| Average Home Value | $323,289 |
Housing Distribution
Address Breakdown
Residential
15,339
Single Family
15,047
Multi-Family
292
Businesses
969
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Listed by: Jenny Wemert • WEMERT GROUP REALTY LLC
Mls Name: Stellar MLS
Mls ID: #O6350012