845 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
Rental property for sale in Winter Haven at 845 Orchid Springs Dr, Winter Haven, FL, 33884 offers $1,071/mo rent that, after a $683/mo payment, leaves $145/mo cash flow. Total monthly income is $1,071/mo, and annual cash flow is $1,740/yr on $46,244 cash. Return on cash invested measures 23.67% in year one, and rental yield stands at 9.21% at a $139,500 entry. Equity gained on principal adds $900/yr while 5% annual appreciation compounds into $38,541 by year five. Five-year ROI records 123.69% and total cumulative return in cash reaches $57,201. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $1,071/mo property income versus a $683/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Condo
Built in 1984
474 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: Yuliescar Mendoza • EXP REALTY LLC
Mls Name: Stellar MLS
Mls ID: #S5140064