585 Lucerne BlvdWinter HavenFL33881
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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 585 Lucerne Blvd, Winter Haven, FL, 33881 uses $118,743 cash to close to unlock $234/yr annual cash flow and $20/mo monthly cash flow. Total monthly income runs $2,518/mo, and a $1,753/mo payment keeps the spread at $20/mo. Purchase price stands at $358,200, and rental yield measures 8.44% with $2,518/mo rent. Return on cash invested shows 20.11% in year one, and 5% annual appreciation builds toward $98,964 over five years. Five-year ROI reaches 104.94% and total cumulative return in cash records $124,604. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,518/mo property income covering a $1,753/mo payment rather than investor’s personal income.
Single Family
Built in 2016
5,201 sqft lot
$N/A/sqft
$27 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 33881, Winter Haven, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 19,487 (100%) |
| Owner Occupied HU | 11,896 (61.0%) |
| Renter Occupied HU | 5,104 (26.2%) |
| Vacant Housing Units | 2,487 (12.8%) |
| Median Home Value | $242,590 |
| Average Home Value | $269,782 |
Housing Distribution
Address Breakdown
Residential
18,922
Single Family
17,184
Multi-Family
1,738
Businesses
828
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