610 Grove StWinter 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 610 Grove St, Winter Haven, FL, 33881 with 5% annual appreciation on a $320,000 basis while $2,203/mo rent supports operations. Total monthly income totals $2,203/mo and a $1,566/mo payment preserves $80/mo for cash returns. Annual cash flow comes to $956/yr on $106,080 deployed, and return on cash invested reaches 20.81% in year one. Equity gained on principal adds $2,065/yr, and five-year appreciation sums $88,410 alongside rental yield of 8.26%. Five-year ROI measures 108.27% and total cumulative return in cash totals $114,855.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $2,203/mo property income versus a $1,566/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 2022
6,103 sqft lot
$N/A/sqft
No 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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Listed by: Pat Pearson • VIEWPOINT VALUE REALTY
Mls Name: Stellar MLS
Mls ID: #L4957731