577-585 6th St SEWinter HavenFL33880
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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 Winter Haven at 577-585 6th St SE, Winter Haven, FL, 33880 generates $2,722/mo in rent and, after a $1,835/mo payment, leaves $234/mo in cash flow. Total monthly income is $2,722/mo, and annual cash flow is $2,806/yr on $124,313 invested. Return on cash invested sits at 22.17% in year one, and rental yield is 8.71% on a $375,000 entry. Equity gained on principal adds $2,420/yr, while 5% annual appreciation builds toward $103,606 over five years. Five-year ROI reaches 115.53% and total cumulative return in cash sums $143,619. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,722/mo property income rather than buyer’s personal income.
Multi Family
Built in 1953
7,392 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 33880, Winter Haven, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 18,566 (100%) |
| Owner Occupied HU | 11,323 (61.0%) |
| Renter Occupied HU | 5,760 (31.0%) |
| Vacant Housing Units | 1,483 ( 8.0%) |
| Median Home Value | $311,728 |
| Average Home Value | $363,093 |
Housing Distribution
Address Breakdown
Residential
17,386
Single Family
15,032
Multi-Family
2,354
Businesses
1,341
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Listed by: CarLee Marchetti • STAR REALTY OF WINTER HAVEN
Mls Name: Stellar MLS
Mls Provider:
Mls ID: #P4934370
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