616 Lime StAuburndaleFL33823
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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 Auburndale at 616 Lime St, Auburndale, FL, 33823 uses $77,869 cash to close to unlock $491/yr annual cash flow and $41/mo monthly cash flow. Total monthly income runs $1,600/mo, and a $1,150/mo payment keeps the spread at $41/mo. Purchase price stands at $234,900, and rental yield measures 8.17% with $1,600/mo rent. Return on cash invested shows 20.54% in year one, and 5% annual appreciation builds toward $64,899 over five years. Five-year ROI reaches 106.81% and total cumulative return in cash records $83,169. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,600/mo property income covering a $1,150/mo payment rather than investor’s personal income.
Single Family
Built in 1927
7,714 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 33823, Auburndale, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 16,100 (100%) |
| Owner Occupied HU | 10,984 (68.2%) |
| Renter Occupied HU | 3,630 (22.5%) |
| Vacant Housing Units | 1,486 ( 9.2%) |
| Median Home Value | $317,933 |
| Average Home Value | $323,289 |
Housing Distribution
Address Breakdown
Residential
15,339
Single Family
15,047
Multi-Family
292
Businesses
969
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Listed by: Donna Driggers • EXP REALTY LLC
Mls Name: Stellar MLS
Mls ID: #O6366475