Smith RdPolk 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
Rental property for sale in Polk City at Smith Rd, Polk City, FL, 33868 priced at $193,200 converts $0/mo rent into after a $946/mo obligation. Total monthly income equals $0/mo. Return on cash invested prints -4.12% in year one, and rental yield reads 0% against a $193,200 entry. Equity gained on principal adds $1,247/yr, while 5% annual appreciation compiles into $53,378 by year five. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $0/mo property income covering a $946/mo payment, not borrower’s personal income.
Home Type Unknown
Built in N/A
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
Nearby investment properties with comparable rents
No similar rental properties found nearby.
Nearby investment properties with comparable prices