10 Grey Fox LnLake WalesFL33898
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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 10 Grey Fox Ln, Lake Wales, FL, 33898 at $155,900 posts ROI 24.22% with $185/mo cash flow from $1,220/mo rent. Total monthly income equals $1,220/mo, and annual cash flow records $2,226/yr on $51,681 to close. Return on cash invested measures 24.22% and rental yield reads 9.39% at the current $155,900. Equity gained on principal adds $1,006/yr, and 5% annual appreciation supports $43,072 by year five. Five-year ROI prints 126.59% and total cumulative return in cash totals $65,422.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $1,220/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Manufactured
Built in 2006
5,624 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 33898, Lake Wales, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 9,977 (100%) |
| Owner Occupied HU | 5,967 (59.8%) |
| Renter Occupied HU | 1,521 (15.2%) |
| Vacant Housing Units | 2,489 (24.9%) |
| Median Home Value | $264,397 |
| Average Home Value | $297,827 |
Housing Distribution
Address Breakdown
Residential
8,631
Single Family
7,356
Multi-Family
1,275
Businesses
180
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Listed by: Steven Arnold • BENDER REALTY, LLC
Mls Name: Stellar MLS
Mls ID: #K4903149