The Providence Plan, Thompson RidgeFrostproofFL33843
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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 Frostproof at The Providence Plan, Thompson Ridge, Frostproof, FL, 33843 priced at $246,900 pairs $3,176/mo rent with $1,538/mo cash flow after a $1,208/mo payment. Total monthly income equals $3,176/mo, and annual cash flow comes to $18,456/yr on $81,847 invested. Return on cash invested is 42.46% in year one, and rental yield stands at 15.44% on a $246,900 basis. Equity gained on principal adds $1,593/yr, and 5% annual appreciation accumulates to $68,214 by year five. Five-year ROI measures 224.33% and total cumulative return in cash reaches $183,609. For financing, Ziffy Mortgage’s DSCR program evaluates $3,176/mo property income against a $1,208/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 2024
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 33843, Frostproof, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 6,323 (100%) |
| Owner Occupied HU | 3,555 (56.2%) |
| Renter Occupied HU | 1,006 (15.9%) |
| Vacant Housing Units | 1,762 (27.9%) |
| Median Home Value | $151,901 |
| Average Home Value | $217,172 |
Housing Distribution
Address Breakdown
Residential
5,755
Single Family
5,504
Multi-Family
251
Businesses
267
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Listed by: Ashley Musick • Southern Homes
Mls Name: My Southern Homes
Mls Provider:
Mls ID: #N/A