741 N Lake Reedy BlvdFrostproofFL33843
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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 Frostproof at 741 N Lake Reedy Blvd, Frostproof, FL, 33843 priced at $750,000 converts $3,677/mo rent into after a $3,671/mo obligation. Total monthly income equals $3,677/mo. Return on cash invested prints 13.74% in year one, and rental yield reads 5.88% against a $750,000 entry. Equity gained on principal adds $4,840/yr, while 5% annual appreciation compiles into $207,211 by year five. Five-year ROI reaches 70.3% and total cumulative return in cash sums $173,466. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $3,677/mo property income covering a $3,671/mo payment, not borrower’s personal income.
Single Family
Built in 1984
3.62 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: Audrey Benassi • KELLER WILLIAMS REALTY CONSULTANTS
Mls Name: Stellar MLS
Mls ID: #G5105472