700 Mirror Ter NW APT 505Winter 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
Investment property for sale in Winter Haven at 700 Mirror Ter NW APT 505, Winter Haven, FL, 33881 listed at $139,400 pairs $1,094/mo rent with a $682/mo payment to leave $169/mo cash flow. Total monthly income runs $1,094/mo, and annual cash flow reaches $2,031/yr on $46,211 cash to close. Return on cash invested measures 24.3% in year one, and rental yield registers 9.42% at a $139,400 basis. Equity gained on principal adds $900/yr, and annual property appreciation at 5% supports $38,514 by year five. Five-year ROI tracks 127.06% and total cumulative return in cash totals $58,718. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $1,094/mo property income relative to a $682/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Condo
Built in 1970
146 sqft 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: Victoria Bollea • CHARLES RUTENBERG REALTY INC
Mls Name: Stellar MLS
Mls ID: #TB8445379