888 23rd St NWWinter HavenFL33881
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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 888 23rd St NW, Winter Haven, FL, 33881 earns $193/mo cash flow from $1,122/mo rent with a $685/mo payment. Total monthly income totals $1,122/mo, and annual cash flow totals $2,318/yr on $46,410 capital. ROI tracks 24.9% on current figures, and rental yield reads 9.62% at a $140,000 purchase. Equity gained on principal adds $903/yr, and 5% annual appreciation supports $38,679 over five years. Five-year ROI reaches 130.31% and total cumulative return in cash sums $60,478. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $1,122/mo property income instead of your personal income.
Single Family
Built in 1949
9,723 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 33881, Winter Haven, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 19,487 (100%) |
| Owner Occupied HU | 11,896 (61.0%) |
| Renter Occupied HU | 5,104 (26.2%) |
| Vacant Housing Units | 2,487 (12.8%) |
| Median Home Value | $242,590 |
| Average Home Value | $269,782 |
Housing Distribution
Address Breakdown
Residential
18,922
Single Family
17,184
Multi-Family
1,738
Businesses
828
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Listed by: Michael Norris • NEXTHOME NORRIS & COMPANY REALTY
Mls Name: Stellar MLS
Mls ID: #P4936043