618 N Florida AveWauchulaFL33873
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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 Wauchula at 618 N Florida Ave, Wauchula, FL, 33873 priced at $149,900 converts $1,894/mo rent into $839/mo cash flow after a $734/mo obligation. Total monthly income equals $1,894/mo, and annual cash flow totals $10,072/yr on $49,692 invested. Return on cash invested prints 40.18% in year one, and rental yield reads 15.16% against a $149,900 entry. Equity gained on principal adds $967/yr, while 5% annual appreciation compiles into $41,415 by year five. Five-year ROI reaches 212.7% and total cumulative return in cash sums $105,695. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $1,894/mo property income covering a $734/mo payment, not borrower’s personal income.
Single Family
Built in 1920
7,405 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 33873, Wauchula, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 5,609 (100%) |
| Owner Occupied HU | 3,226 (57.5%) |
| Renter Occupied HU | 1,606 (28.6%) |
| Vacant Housing Units | 777 (13.9%) |
| Median Home Value | $232,207 |
| Average Home Value | $277,334 |
Housing Distribution
Address Breakdown
Residential
4,669
Single Family
4,290
Multi-Family
379
Businesses
568
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