1022 Jacks StLakelandFL33813
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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 Lakeland at 1022 Jacks St, Lakeland, FL, 33813 generates $1,982/mo in rent, after a $1,468/mo payment. Total monthly income is $1,982/mo. Return on cash invested sits at 19.81% in year one, and rental yield is 7.93% on a $300,000 entry. Equity gained on principal adds $1,936/yr, while 5% annual appreciation builds toward $82,884 over five years. Five-year ROI reaches 102.88% and total cumulative return in cash sums $102,312. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,982/mo property income rather than buyer’s personal income.
Multi Family
Built in 1981
0.27 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 33813, Lakeland, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 14,841 (100%) |
| Owner Occupied HU | 11,809 (79.6%) |
| Renter Occupied HU | 2,470 (16.6%) |
| Vacant Housing Units | 562 ( 3.8%) |
| Median Home Value | $391,026 |
| Average Home Value | $439,689 |
Housing Distribution
Address Breakdown
Residential
14,667
Single Family
12,943
Multi-Family
1,724
Businesses
881
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Listed by: Simi Lakhani • KELLER WILLIAMS CLASSIC
Mls Name: Stellar MLS
Mls Provider:
Mls ID: #O6350706
Disclaimer: IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed. Some IDX listings have been excluded from this website. Listing Information presented by local MLS brokerage: Zillow, Inc - (407) 904-3511