565 Terranova CirWinter HavenFL33884
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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
Investment property for sale in Winter Haven at 565 Terranova Cir, Winter Haven, FL, 33884 uses $92,787 cash to close to unlock $5,946/yr annual cash flow and $496/mo monthly cash flow. Total monthly income runs $2,353/mo, and a $1,370/mo payment keeps the spread at $496/mo. Purchase price stands at $279,900, and rental yield measures 10.09% with $2,353/mo rent. Return on cash invested shows 26.32% in year one, and 5% annual appreciation builds toward $77,331 over five years. Five-year ROI reaches 137.81% and total cumulative return in cash records $127,873. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,353/mo property income covering a $1,370/mo payment rather than investor’s personal income.
Single Family
Built in 2003
9,100 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 33884, Winter Haven, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 18,430 (100%) |
| Owner Occupied HU | 11,886 (64.5%) |
| Renter Occupied HU | 4,131 (22.4%) |
| Vacant Housing Units | 2,413 (13.1%) |
| Median Home Value | $350,072 |
| Average Home Value | $379,465 |
Housing Distribution
Address Breakdown
Residential
16,544
Single Family
13,762
Multi-Family
2,782
Businesses
549
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Listed by: Rob Jones • OFFERPAD BROKERAGE FL, LLC
Mls Name: Stellar MLS
Mls ID: #TB8435683