6740 E Okeechobee CtFloral CityFL34436
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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 Floral City at 6740 E Okeechobee Ct, Floral City, FL, 34436 offers $1,200/mo rent that, after a $685/mo payment, leaves $166/mo cash flow. Total monthly income is $1,200/mo, and annual cash flow is $1,994/yr on $46,410 cash. Return on cash invested measures 24.21% in year one, and rental yield stands at 10.29% at a $139,999 entry. Equity gained on principal adds $903/yr while 5% annual appreciation compounds into $38,679 by year five. Five-year ROI records 127.52% and total cumulative return in cash reaches $59,182. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $1,200/mo property income versus a $685/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 2020
0.53 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 34436, Floral City, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 4,871 (100%) |
| Owner Occupied HU | 3,568 (73.2%) |
| Renter Occupied HU | 485 ( 10.0%) |
| Vacant Housing Units | 818 (16.8%) |
| Median Home Value | $315,574 |
| Average Home Value | $349,789 |
Housing Distribution
Address Breakdown
Residential
4,219
Single Family
3,999
Multi-Family
220
Businesses
143
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Listed by: Dustin Bradley • RE/MAX Realty One
Mls Name: Realtors Association of Citrus County
Mls Provider:
Mls ID: #843766
Disclaimer: IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.