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Price: $300K - 500K
Monthly Cash Flow: 1 - 3k+
Home Type: Single Family
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A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |
Investment property for sale in Lakeland at 1097 Hour Glass Rd, Lakeland, FL, 33801 earns from $1,734/mo rent with a $1,901/mo payment. Total monthly income totals $1,734/mo. ROI tracks 11.43% on current figures, and rental yield reads 5.36% at a $388,490 purchase. Equity gained on principal adds $2,507/yr, and 5% annual appreciation supports $107,333 over five years. Five-year ROI reaches 58.23% and total cumulative return in cash sums $74,990. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $1,734/mo property income instead of your personal income.
Single Family
Built in 2025
N/A lot
$N/A/sqft
$66 monthly HOA
Neighborhood data shown for ZIP Code: 33801, Lakeland, FL area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 16,133 (100%) |
| Owner Occupied HU | 7,444 (46.1%) |
| Renter Occupied HU | 6,890 (42.7%) |
| Vacant Housing Units | 1,799 (11.2%) |
| Median Home Value | $166,611 |
| Average Home Value | $218,447 |
Residential
14,299
Single Family
11,614
Multi-Family
2,685
Businesses
1,518
Date | Event | Price |
|---|---|---|
| 2025-06-17 | Listed for sale | $388,490 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| No tax history data available | ||||
Listed by: Jenn Siemering • LENNAR REALTY
Mls Name: Stellar MLS
Mls Provider:
Mls ID: #TB8401698
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
