576 Meandering WayPolk CityFL33868
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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 Polk City at 576 Meandering Way, Polk City, FL, 33868 offers a 4.3% rental yield on a $510,000 purchase with $1,828/mo rent. 52% in year one. Equity gained on principal adds $3,291/yr while 5% annual appreciation supports $140,904 over five years. Portfolio math shows five-year ROI at 32.48% and total cumulative return in cash at $54,495. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,828/mo property income against a $2,496/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 2013
0.41 Acres lot
$N/A/sqft
$337 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 33868, Polk City, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 5,455 (100%) |
| Owner Occupied HU | 4,110 (75.3%) |
| Renter Occupied HU | 673 (12.3%) |
| Vacant Housing Units | 672 (12.3%) |
| Median Home Value | $285,309 |
| Average Home Value | $334,063 |
Housing Distribution
Address Breakdown
Residential
5,227
Single Family
5,198
Multi-Family
29
Businesses
190
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Listed by: Patty Toogood • MOSN REALTY
Mls Name: Stellar MLS
Mls Provider:
Mls ID: #L4946934
Disclaimer: IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed. Some IDX listings have been excluded from this website. Listing Information presented by local MLS brokerage: Zillow, Inc - (407) 904-3511