The Covington Plan, Scenic AcresBabson ParkFL33827
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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 Babson Park at The Covington Plan, Scenic Acres, Babson Park, FL, 33827 offers $2,520/mo rent that, after a $1,708/mo payment, leaves $204/mo cash flow. Total monthly income is $2,520/mo, and annual cash flow is $2,452/yr on $115,660 cash. Return on cash invested measures 22.03% in year one, and rental yield stands at 8.67% at a $348,900 entry. Equity gained on principal adds $2,251/yr while 5% annual appreciation compounds into $96,395 by year five. Five-year ROI records 114.82% and total cumulative return in cash reaches $132,796. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $2,520/mo property income versus a $1,708/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 2025
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 33827, Babson Park, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,228 (100%) |
| Owner Occupied HU | 782 (63.7%) |
| Renter Occupied HU | 209 (17.0%) |
| Vacant Housing Units | 237 (19.3%) |
| Median Home Value | $220,833 |
| Average Home Value | $256,400 |
Housing Distribution
Address Breakdown
Residential
1,182
Single Family
1,182
Multi-Family
0
Businesses
76
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Listed by: N/A • Southern Homes
Mls Name: My Southern Homes
Mls Provider:
Mls ID: #N/A