605 Pleasantdale DrWildwoodFL34785
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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 Wildwood at 605 Pleasantdale Dr, Wildwood, FL, 34785 priced at $120,000 converts $1,447/mo rent into $651/mo cash flow after a $587/mo obligation. Total monthly income equals $1,447/mo, and annual cash flow totals $7,812/yr on $39,780 invested. Return on cash invested prints 39.55% in year one, and rental yield reads 14.47% against a $120,000 entry. Equity gained on principal adds $774/yr, while 5% annual appreciation compiles into $33,154 by year five. Five-year ROI reaches 208.71% and total cumulative return in cash sums $83,023. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $1,447/mo property income covering a $587/mo payment, not borrower’s personal income.
Single Family
Built in 1962
6,490 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 34785, Wildwood, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 8,722 (100%) |
| Owner Occupied HU | 5,005 (57.4%) |
| Renter Occupied HU | 1,857 (21.3%) |
| Vacant Housing Units | 1,860 (21.3%) |
| Median Home Value | $379,219 |
| Average Home Value | $399,078 |
Housing Distribution
Address Breakdown
Residential
7,160
Single Family
4,727
Multi-Family
2,433
Businesses
755
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Listed by: Steven Koleno • BEYCOME OF FLORIDA LLC
Mls Name: Stellar MLS
Mls Provider:
Mls ID: #O6308443
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