600 SE 3rd StMulberryFL33860
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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 Mulberry at 600 SE 3rd St, Mulberry, FL, 33860 offers a 9.28% rental yield on a $156,000 purchase with $1,206/mo rent. Total monthly income registers $1,206/mo, and a $764/mo payment leaves $170/mo available for distribution. Annual cash flow reaches $2,044/yr on $51,714 to close, and return on cash invested stands at 23.86% in year one. Equity gained on principal adds $1,007/yr while 5% annual appreciation supports $43,100 over five years. Portfolio math shows five-year ROI at 124.69% and total cumulative return in cash at $64,482. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,206/mo property income against a $764/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1952
5,545 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 33860, Mulberry, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 9,480 (100%) |
| Owner Occupied HU | 6,718 (70.9%) |
| Renter Occupied HU | 2,110 (22.3%) |
| Vacant Housing Units | 652 ( 6.9%) |
| Median Home Value | $267,254 |
| Average Home Value | $277,206 |
Housing Distribution
Address Breakdown
Residential
9,115
Single Family
8,823
Multi-Family
292
Businesses
474
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