645 Chicago WayDundeeFL33838
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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 Dundee at 645 Chicago Way, Dundee, FL, 33838 offers $2,323/mo rent that, after a $1,370/mo payment, leaves $466/mo cash flow. Total monthly income is $2,323/mo, and annual cash flow is $5,586/yr on $92,787 cash. Return on cash invested measures 25.93% in year one, and rental yield stands at 9.96% at a $279,900 entry. Equity gained on principal adds $1,806/yr while 5% annual appreciation compounds into $77,331 by year five. Five-year ROI records 135.73% and total cumulative return in cash reaches $125,941. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $2,323/mo property income versus a $1,370/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 2018
7,840 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 33838, Dundee, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,066 (100%) |
| Owner Occupied HU | 1,404 (68.0%) |
| Renter Occupied HU | 359 (17.4%) |
| Vacant Housing Units | 303 (14.7%) |
| Median Home Value | $308,439 |
| Average Home Value | $354,637 |
Housing Distribution
Address Breakdown
Residential
2,058
Single Family
2,047
Multi-Family
11
Businesses
258
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