950 Charmil Ave SLake AlfredFL33850
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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 Lake Alfred at 950 Charmil Ave S, Lake Alfred, FL, 33850 earns from $1,314/mo rent with a $1,762/mo payment. Total monthly income totals $1,314/mo. ROI tracks 9.1% on current figures, and rental yield reads 4.38% at a $360,000 purchase. Equity gained on principal adds $2,323/yr, and 5% annual appreciation supports $99,461 over five years. Five-year ROI reaches 45.46% and total cumulative return in cash sums $54,249. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $1,314/mo property income instead of your personal income.
Multi Family
Built in 1978
10,755 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 33850, Lake Alfred, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 5,076 (100%) |
| Owner Occupied HU | 3,644 (71.8%) |
| Renter Occupied HU | 843 (16.6%) |
| Vacant Housing Units | 589 (11.6%) |
| Median Home Value | $276,374 |
| Average Home Value | $301,478 |
Housing Distribution
Address Breakdown
Residential
4,175
Single Family
3,832
Multi-Family
343
Businesses
239
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Listed by: Matt Mesimer • KELLER WILLIAMS REALTY SMART 1
Mls Name: Stellar MLS
Mls ID: #L4958389