62 Tin House Cove RoadLoridaFL33857
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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 Lorida at 62 Tin House Cove Road, Lorida, FL, 33857 priced at $130,000 pairs $986/mo rent with $124/mo cash flow after a $636/mo payment. Total monthly income equals $986/mo, and annual cash flow comes to $1,483/yr on $43,095 invested. Return on cash invested is 23.35% in year one, and rental yield stands at 9.1% on a $130,000 basis. Equity gained on principal adds $839/yr, and 5% annual appreciation accumulates to $35,917 by year five. Five-year ROI measures 121.91% and total cumulative return in cash reaches $52,539. For financing, Ziffy Mortgage’s DSCR program evaluates $986/mo property income against a $636/mo payment instead of your W2s, 1099s, or Tax returns.
Manufactured
Built in 1988
5,544 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 33857, Lorida, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,391 (100%) |
| Owner Occupied HU | 716 (51.5%) |
| Renter Occupied HU | 129 ( 9.3%) |
| Vacant Housing Units | 546 (39.3%) |
| Median Home Value | $230,208 |
| Average Home Value | $267,402 |
Housing Distribution
Address Breakdown
Residential
845
Single Family
845
Multi-Family
0
Businesses
33
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