1022 Atlantic RdLakelandFL33805
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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 Lakeland at 1022 Atlantic Rd, Lakeland, FL, 33805 earns $560/mo cash flow from $1,787/mo rent with a $905/mo payment. Total monthly income totals $1,787/mo, and annual cash flow totals $6,717/yr on $61,328 capital. ROI tracks 30.86% on current figures, and rental yield reads 11.59% at a $185,000 purchase. Equity gained on principal adds $1,194/yr, and 5% annual appreciation supports $51,112 over five years. Five-year ROI reaches 162.18% and total cumulative return in cash sums $99,459. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $1,787/mo property income instead of your personal income.
Single Family
Built in 1924
0.34 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 33805, Lakeland, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 11,939 (100%) |
| Owner Occupied HU | 5,346 (44.8%) |
| Renter Occupied HU | 5,621 (47.1%) |
| Vacant Housing Units | 972 ( 8.1%) |
| Median Home Value | $208,779 |
| Average Home Value | $240,920 |
Housing Distribution
Address Breakdown
Residential
11,165
Single Family
7,516
Multi-Family
3,649
Businesses
479
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