Everglade Plan, Springs at Lake AlfredPolk 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 Everglade Plan, Springs at Lake Alfred, Polk City, FL, 33868 uses $104,003 cash to close to unlock $2,371/yr annual cash flow and $198/mo monthly cash flow. Total monthly income runs $2,280/mo, and a $1,536/mo payment keeps the spread at $198/mo. Purchase price stands at $313,735, and rental yield measures 8.72% with $2,280/mo rent. Return on cash invested shows 22.19% in year one, and 5% annual appreciation builds toward $86,679 over five years. Five-year ROI reaches 115.66% and total cumulative return in cash records $120,292. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,280/mo property income covering a $1,536/mo payment rather than investor’s personal income.
Single Family
Built in 2024
N/A 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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