714 1st StPolk CityFL33868
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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 Polk City at 714 1st St, Polk City, FL, 33868 priced at $219,950 pairs $2,150/mo rent with $674/mo cash flow after a $1,077/mo payment. Total monthly income equals $2,150/mo, and annual cash flow comes to $8,090/yr on $72,913 invested. Return on cash invested is 31% in year one, and rental yield stands at 11.73% on a $219,950 basis. Equity gained on principal adds $1,419/yr, and 5% annual appreciation accumulates to $60,768 by year five. Five-year ROI measures 163.07% and total cumulative return in cash reaches $118,903. For financing, Ziffy Mortgage’s DSCR program evaluates $2,150/mo property income against a $1,077/mo payment instead of your W2s, 1099s, or Tax returns.
Manufactured
Built in 1996
0.29 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 33868, Polk City, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 5,455 (100%) |
| Owner Occupied HU | 4,110 (75.3%) |
| Renter Occupied HU | 673 (12.3%) |
| Vacant Housing Units | 672 (12.3%) |
| Median Home Value | $285,309 |
| Average Home Value | $334,063 |
Housing Distribution
Address Breakdown
Residential
5,227
Single Family
5,198
Multi-Family
29
Businesses
190
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Listed by: Angie Reynolds • PORCHLIGHT HOMES LLC
Mls Name: Stellar MLS
Mls Provider:
Mls ID: #L4949886
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