0 Saint George Bay StLake WalesFL33859
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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 Lake Wales at 0 Saint George Bay St, Lake Wales, FL, 33859 with 5% annual appreciation on a $285,999 basis while $1,655/mo rent supports operations. 83% in year one. Equity gained on principal adds $1,846/yr, and five-year appreciation sums $79,016 alongside rental yield of 6.94%. Five-year ROI measures 86.92% and total cumulative return in cash totals $82,412. Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $1,655/mo property income versus a $1,400/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Manufactured
Built in 2025
0.98 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 33859, Lake Wales, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 6,900 (100%) |
| Owner Occupied HU | 4,212 (61.0%) |
| Renter Occupied HU | 1,592 (23.1%) |
| Vacant Housing Units | 1,096 (15.9%) |
| Median Home Value | $272,083 |
| Average Home Value | $311,644 |
Housing Distribution
Address Breakdown
Residential
5,567
Single Family
4,994
Multi-Family
573
Businesses
573
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Listed by: Jennifer Daniell • LA ROSA REALTY PRESTIGE
Mls Name: Stellar MLS
Mls ID: #P4936545