74 Oakridge DrFrostproofFL33843
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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 Frostproof at 74 Oakridge Dr, Frostproof, FL, 33843 listed at $350,000 pairs $3,064/mo rent with a $1,713/mo payment to leave $741/mo cash flow. Total monthly income runs $3,064/mo, and annual cash flow reaches $8,897/yr on $116,025 cash to close. Return on cash invested measures 27.58% in year one, and rental yield registers 10.51% at a $350,000 basis. Equity gained on principal adds $2,258/yr, and annual property appreciation at 5% supports $96,699 by year five. Five-year ROI tracks 144.56% and total cumulative return in cash totals $167,726. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $3,064/mo property income relative to a $1,713/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Manufactured
Built in 2007
7.04 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 33843, Frostproof, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 6,323 (100%) |
| Owner Occupied HU | 3,555 (56.2%) |
| Renter Occupied HU | 1,006 (15.9%) |
| Vacant Housing Units | 1,762 (27.9%) |
| Median Home Value | $151,901 |
| Average Home Value | $217,172 |
Housing Distribution
Address Breakdown
Residential
5,755
Single Family
5,504
Multi-Family
251
Businesses
267
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Listed by: Rachel M Walburn • Keller Williams Realty Fort Myers and the Islands
Mls Name: HFMLS
Mls ID: #313417
Disclaimer: Copyright Heartland Association of Realtors. All rights reserved. Information is deemed reliable but not guaranteed.