724 W Central AveWinter HavenFL33880
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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 Winter Haven at 724 W Central Ave, Winter Haven, FL, 33880 priced at $510,000 converts $1,372/mo rent into after a $2,496/mo obligation. Total monthly income equals $1,372/mo. Return on cash invested prints 5.67% in year one, and rental yield reads 3.23% against a $510,000 entry. Equity gained on principal adds $3,291/yr, while 5% annual appreciation compiles into $140,904 by year five. Five-year ROI reaches 27.04% and total cumulative return in cash sums $45,363. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $1,372/mo property income covering a $2,496/mo payment, not borrower’s personal income.
Multi Family
Built in 1930
8,943 sqft lot
$N/A/sqft
No 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
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Listed by: Miraya Lane, PA • KELLER WILLIAMS ADVANTAGE III
Mls Name: Stellar MLS
Mls ID: #O6342320