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Price: $300K - 500K
Monthly Cash Flow: 1 - 3k+
Home Type: Single Family
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A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |
Rental property for sale in Mulberry at 860 Forbes Rd W, Mulberry, FL, 33860 offers $2,394/mo rent that, after a $1,957/mo payment. Total monthly income is $2,394/mo. Return on cash invested measures 17.56% in year one, and rental yield stands at 7.18% at a $399,900 entry. Equity gained on principal adds $2,580/yr while 5% annual appreciation compounds into $110,485 by year five. Five-year ROI records 90.84% and total cumulative return in cash reaches $120,428. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $2,394/mo property income versus a $1,957/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 2024
2.59 Acres lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 33860, Mulberry, FL area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 9,480 (100%) |
| Owner Occupied HU | 6,718 (70.9%) |
| Renter Occupied HU | 2,110 (22.3%) |
| Vacant Housing Units | 652 ( 6.9%) |
| Median Home Value | $267,254 |
| Average Home Value | $277,206 |
Residential
9,115
Single Family
8,823
Multi-Family
292
Businesses
474
Date | Event | Price |
|---|---|---|
| 2024-11-08 | Listed for sale | $399,900 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| No tax history data available | ||||
Listed by: Milton De La Cruz • LAKELAND HOMES AND REALTY, LLC
Mls Name: Stellar MLS
Mls Provider:
Mls ID: #L4948688
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
