8903 Hammock LoopPolk 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
Investment property for sale in Polk City at 8903 Hammock Loop, Polk City, FL, 33868 uses $79,557 cash to close to unlock $5,172/yr annual cash flow and $431/mo monthly cash flow. Total monthly income runs $2,024/mo, and a $1,175/mo payment keeps the spread at $431/mo. Purchase price stands at $239,990, and rental yield measures 10.12% with $2,024/mo rent. Return on cash invested shows 26.41% in year one, and 5% annual appreciation builds toward $66,305 over five years. Five-year ROI reaches 138.36% and total cumulative return in cash records $110,075. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,024/mo property income covering a $1,175/mo payment rather than investor’s personal income.
Manufactured
Built in 1994
0.60 Acres 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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