1062 Hidden DrLakelandFL33809
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 Lakeland at 1062 Hidden Dr, Lakeland, FL, 33809 earns from $2,039/mo rent with a $1,811/mo payment. Total monthly income totals $2,039/mo. ROI tracks 15.84% on current figures, and rental yield reads 6.61% at a $369,990 purchase. Equity gained on principal adds $2,387/yr, and 5% annual appreciation supports $102,221 over five years. Five-year ROI reaches 81.59% and total cumulative return in cash sums $100,070. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $2,039/mo property income instead of your personal income.
Single Family
Built in 2025
0.31 Acres lot
$N/A/sqft
No HOA
More details about the property
Neighborhood Data
Neighborhood data shown for ZIP Code: 33809, Lakeland, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 13,530 (100%) |
| Owner Occupied HU | 8,941 (66.1%) |
| Renter Occupied HU | 3,734 (27.6%) |
| Vacant Housing Units | 855 ( 6.3%) |
| Median Home Value | $320,715 |
| Average Home Value | $343,826 |
Housing Distribution
Address Breakdown
Residential
13,079
Single Family
11,016
Multi-Family
2,063
Businesses
681
Price History
Date | Event | Price |
|---|---|---|
| 2025-02-12 | Listed for sale | $369,990 |
| 2024-06-03 | Sold | $48,500 |
| 2017-06-16 | Sold | $4,100 |
Tax History
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2023-02-13 | $374.29 | 12.70% | $27,500 | 10.00% |
| 2022-02-13 | $332.11 | 4.23% | $25,000 | 8.70% |
| 2021-02-13 | $318.64 | 3.65% | $23,000 | 4.55% |
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Facts & Features
General Information
- Type: SingleFamily
- Year Built: 2025
- Architectural Style: N/A
- Building Area: 3,060
- Living Area: 1,597 sqft
- Property Condition: New Construction,Under Construction
Features & Amenities
- Heating: Central
- Cooling: Central Air
- Flooring: Carpet, Ceramic Tile
- Interior Features: Open Floorplan, Thermostat, Walk-In Closet(s)
- Exterior Features: Other
- Parking Features: Garage - Attached
Location
HOA & Fees
- HOA Fee: N/A
- Association Fee: N/A
- Fees & Dues: N/A
- Association Amenities: N/A
- Association Fee Includes: N/A
Utilities
- Utilities: Public
- Sewer: Public Sewer
- Water Source: Public
- Road Surface Type: Asphalt
School Information
- Elementary School: N/A
- Middle School: N/A
- High School: N/A
Listed by: Stephanie Morales, LLC • THE REALTY EXPERIENCE POWERED BY LRR
Mls Name: Stellar MLS
Mls Provider:
Mls ID: #S5120509
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