9 Dill StAlvaFL33920
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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 Alva at 9 Dill St, Alva, FL, 33920 generates $2,025/mo in rent and, after a $1,415/mo payment, leaves $107/mo in cash flow. Total monthly income is $2,025/mo, and annual cash flow is $1,280/yr on $95,804 invested. Return on cash invested sits at 21.24% in year one, and rental yield is 8.41% on a $289,000 entry. Equity gained on principal adds $1,865/yr, while 5% annual appreciation builds toward $79,845 over five years. Five-year ROI reaches 110.6% and total cumulative return in cash sums $105,962. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,025/mo property income rather than buyer’s personal income.
Condo
Built in 2018
4,704 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 33920, Alva, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,574 (100%) |
| Owner Occupied HU | 2,800 (78.3%) |
| Renter Occupied HU | 342 ( 9.6%) |
| Vacant Housing Units | 432 (12.1%) |
| Median Home Value | $518,293 |
| Average Home Value | $634,313 |
Housing Distribution
Address Breakdown
Residential
4,026
Single Family
3,831
Multi-Family
195
Businesses
167
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