6502 Oak Hammock LnWinter HavenFL33884
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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 Winter Haven at 6502 Oak Hammock Ln, Winter Haven, FL, 33884 uses $58,013 cash to close to unlock $6,867/yr annual cash flow and $572/mo monthly cash flow. Total monthly income runs $1,734/mo, and a $857/mo payment keeps the spread at $572/mo. Purchase price stands at $175,000, and rental yield measures 11.89% with $1,734/mo rent. Return on cash invested shows 31.75% in year one, and 5% annual appreciation builds toward $48,349 over five years. Five-year ROI reaches 167% and total cumulative return in cash records $96,883. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,734/mo property income covering a $857/mo payment rather than investor’s personal income.
Manufactured
Built in 1998
6,003 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 33884, Winter Haven, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 18,430 (100%) |
| Owner Occupied HU | 11,886 (64.5%) |
| Renter Occupied HU | 4,131 (22.4%) |
| Vacant Housing Units | 2,413 (13.1%) |
| Median Home Value | $350,072 |
| Average Home Value | $379,465 |
Housing Distribution
Address Breakdown
Residential
16,544
Single Family
13,762
Multi-Family
2,782
Businesses
549
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Listed by: Michael Stone • THE STONES REAL ESTATE FIRM
Mls Name: Stellar MLS
Mls ID: #P4936840