4385 Dietz Rd

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4385 Dietz Rd

Bartow, FL 33830
Asking Price
$1.80M
Asset Type
Multifamily
Class
Class B

What's Special

4385 Dietz Rd is located in Bartow, Florida, situated within Polk County’s agricultural and residential landscape. The surrounding neighborhood features a mix of single-family homes and rural plots, offering a quiet, suburban character. The property is positioned near US-98 and State Road 60, providing direct transit routes to downtown Bartow, Lakeland, and Winter Haven. Local amenities including regional parks, public schools, and essential retail centers are accessible within a short driving distance, making the location a functional hub for residents working in the central Florida corridor. This multifamily asset is suited for workforce housing or long-term residential rentals. The location appeals to a tenant profile comprised of local professionals and families seeking proximity to Bartow’s government offices, healthcare facilities, and industrial sectors. Given the regional demand for attainable housing, the site is an ideal use case for investors looking to provide stable multi-unit accommodations. The property’s layout and location cater to renters who prioritize reliable highway access while maintaining a residence outside of high-density metropolitan centers.

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NOI
$80,000
Cap Rate
4.44%
DSCR
0.75
Underwater
Cash-on-Cash
-4.98%
Monthly Payment
$8,905.418
Annual Cash Flow
$-26,865.015

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