640 Avenue B NEWinter 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
Rental property for sale in Winter Haven at 640 Avenue B NE, Winter Haven, FL, 33881 priced at $649,999 pairs $2,002/mo rent with after a $3,181/mo payment. Total monthly income equals $2,002/mo. Return on cash invested is 7.09% in year one, and rental yield stands at 3.7% on a $649,999 basis. Equity gained on principal adds $4,194/yr, and 5% annual appreciation accumulates to $179,583 by year five. Five-year ROI measures 34.66% and total cumulative return in cash reaches $74,125. For financing, Ziffy Mortgage’s DSCR program evaluates $2,002/mo property income against a $3,181/mo payment instead of your W2s, 1099s, or Tax returns.
Multi Family
Built in 1938
0.48 Acres 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: Christopher Rivera Alamo • LA ROSA REALTY LLC
Mls Name: Stellar MLS
Mls ID: #S5136711