521 3rd AveWildwoodFL34785
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 Wildwood at 521 3rd Ave, Wildwood, FL, 34785 listed at $189,900 pairs $1,454/mo rent with a $929/mo payment to leave $194/mo cash flow. Total monthly income runs $1,454/mo, and annual cash flow reaches $2,331/yr on $62,952 cash to close. Return on cash invested measures 23.61% in year one, and rental yield registers 9.19% at a $189,900 basis. Equity gained on principal adds $1,225/yr, and annual property appreciation at 5% supports $52,466 by year five. Five-year ROI tracks 123.34% and total cumulative return in cash totals $77,645. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $1,454/mo property income relative to a $929/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1950
0.48 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 34785, Wildwood, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 8,722 (100%) |
| Owner Occupied HU | 5,005 (57.4%) |
| Renter Occupied HU | 1,857 (21.3%) |
| Vacant Housing Units | 1,860 (21.3%) |
| Median Home Value | $379,219 |
| Average Home Value | $399,078 |
Housing Distribution
Address Breakdown
Residential
7,160
Single Family
4,727
Multi-Family
2,433
Businesses
755
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices