745 4th 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 745 4th St, Polk City, FL, 33868 priced at $245,900 converts $1,846/mo rent into $214/mo cash flow after a $1,204/mo obligation. Total monthly income equals $1,846/mo, and annual cash flow totals $2,565/yr on $81,516 invested. Return on cash invested prints 23.06% in year one, and rental yield reads 9.01% against a $245,900 entry. Equity gained on principal adds $1,587/yr, while 5% annual appreciation compiles into $67,938 by year five. Five-year ROI reaches 120.31% and total cumulative return in cash sums $98,071. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $1,846/mo property income covering a $1,204/mo payment, not borrower’s personal income.
Single Family
Built in 1972
8,276 sqft 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: Edilia Chivas • CENTURY 21 MYERS REALTY
Mls Name: Stellar MLS
Mls Provider:
Mls ID: #L4950679
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