704 Chelsea AveFruitland ParkFL34731
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 Fruitland Park at 704 Chelsea Ave, Fruitland Park, FL, 34731 offers $2,444/mo rent that, after a $1,512/mo payment, leaves $354/mo cash flow. Total monthly income is $2,444/mo, and annual cash flow is $4,246/yr on $102,434 cash. Return on cash invested measures 24.05% in year one, and rental yield stands at 9.49% at a $309,000 entry. Equity gained on principal adds $1,994/yr while 5% annual appreciation compounds into $85,371 by year five. Five-year ROI records 125.84% and total cumulative return in cash reaches $128,897. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $2,444/mo property income versus a $1,512/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 2017
8,175 sqft lot
$N/A/sqft
$40 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 34731, Fruitland Park, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 5,958 (100%) |
| Owner Occupied HU | 4,261 (71.5%) |
| Renter Occupied HU | 999 (16.8%) |
| Vacant Housing Units | 698 (11.7%) |
| Median Home Value | $293,991 |
| Average Home Value | $326,186 |
Housing Distribution
Address Breakdown
Residential
5,598
Single Family
5,187
Multi-Family
411
Businesses
322
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Amber Byrne-Shrout • DOWN HOME REALTY, LLLP
Mls Name: Stellar MLS
Mls Provider:
Mls ID: #G5096427
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. Some IDX listings have been excluded from this website. Listing Information presented by local MLS brokerage: Zillow, Inc - (407) 904-3511