817 Orchid Springs DrWinter HavenFL33884
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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 Winter Haven at 817 Orchid Springs Dr, Winter Haven, FL, 33884 uses $36,465 cash to close to unlock $1,397/yr annual cash flow and $116/mo monthly cash flow. Total monthly income runs $846/mo, and a $538/mo payment keeps the spread at $116/mo. Purchase price stands at $110,000, and rental yield measures 9.23% with $846/mo rent. Return on cash invested shows 23.74% in year one, and 5% annual appreciation builds toward $30,391 over five years. Five-year ROI reaches 124.06% and total cumulative return in cash records $45,240. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $846/mo property income covering a $538/mo payment rather than investor’s personal income.
Condo
Built in 1987
475 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 33884, Winter Haven, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 18,430 (100%) |
| Owner Occupied HU | 11,886 (64.5%) |
| Renter Occupied HU | 4,131 (22.4%) |
| Vacant Housing Units | 2,413 (13.1%) |
| Median Home Value | $350,072 |
| Average Home Value | $379,465 |
Housing Distribution
Address Breakdown
Residential
16,544
Single Family
13,762
Multi-Family
2,782
Businesses
549
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Listed by: Lisa Anderson • LA ROSA REALTY PRESTIGE
Mls Name: Stellar MLS
Mls ID: #P4934666