689 Lake Howard Dr NW APT 4EWinter HavenFL33880
INVESTMENT ANALYSIS
Investment Verdict
Solid IncomeFinancing efficiency matters for international buyers, and 689 Lake Howard Dr NW APT 4E, Winter Haven, FL, 33880 in Winter Haven offers it: the 1.94 DSCR gives Ziffy Mortgage's underwriting team an unusually clean file, no U.S. credit, no personal income required. Rental yield 9.3%. Long-term, 5% appreciation is forecast to add $34,535, and $1,151/yr in principal paydown compounds equity steadily. Projected five-year cumulative return: $41,119.
| This Property | National Avg | |
|---|---|---|
| Gross Rental Yield | 9.3% | 6.2% |
| Monthly Cash Flow | $(248) | $180 |
National averages based on 2024–2025 U.S. residential rental market data. Content is user-generated and unverified.
DSCR Loan Qualification
| Monthly Rental Income | $1,092 |
| Total Monthly Debt Service | $1,170 |
| DSCR Ratio | 0.93x |
Ziffy Mortgage typically prefers a DSCR of 1.0+, but in some cases you may qualify with a DSCR below 1. To explore if this deal qualifies for an investment mortgage, book time with your loan officer →
Estimates assume 6.0% rate / 30-yr fixed, 30% down, 1% tax, 0.5% insurance. Not a commitment to lend.
Townhouse
Built in 1969
583 sqft lot
$N/A/sqft
$373 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 33880, Winter Haven, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 18,566 (100%) |
| Owner Occupied HU | 11,323 (61.0%) |
| Renter Occupied HU | 5,760 (31.0%) |
| Vacant Housing Units | 1,483 ( 8.0%) |
| Median Home Value | $311,728 |
| Average Home Value | $363,093 |
Housing Distribution
Address Breakdown
Residential
17,386
Single Family
15,032
Multi-Family
2,354
Businesses
1,341
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
Townhouse
Built in 1969
583 sqft lot
$N/A/sqft
$373 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 33880, Winter Haven, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 18,566 (100%) |
| Owner Occupied HU | 11,323 (61.0%) |
| Renter Occupied HU | 5,760 (31.0%) |
| Vacant Housing Units | 1,483 ( 8.0%) |
| Median Home Value | $311,728 |
| Average Home Value | $363,093 |
Housing Distribution
Address Breakdown
Residential
17,386
Single Family
15,032
Multi-Family
2,354
Businesses
1,341
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices