1109 Paradise DrLady LakeFL32159
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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 Lady Lake at 1109 Paradise Dr, Lady Lake, FL, 32159 offers $1,891/mo rent that, after a $1,065/mo payment, leaves $248/mo cash flow. Total monthly income is $1,891/mo, and annual cash flow is $2,978/yr on $72,101 cash. Return on cash invested measures 24.04% in year one, and rental yield stands at 10.43% at a $217,500 entry. Equity gained on principal adds $1,403/yr while 5% annual appreciation compounds into $60,091 by year five. Five-year ROI records 126.85% and total cumulative return in cash reaches $91,458. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $1,891/mo property income versus a $1,065/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Manufactured
Built in 1989
5,890 sqft lot
$N/A/sqft
$199 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 32159, Lady Lake, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 19,860 (100%) |
| Owner Occupied HU | 13,610 (68.5%) |
| Renter Occupied HU | 3,064 (15.4%) |
| Vacant Housing Units | 3,186 (16.0%) |
| Median Home Value | $352,165 |
| Average Home Value | $367,814 |
Housing Distribution
Address Breakdown
Residential
18,353
Single Family
6,385
Multi-Family
11,968
Businesses
722
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Listed by: Randy Erb • SELLSTATE SUPERIOR REALTY
Mls Name: Stellar MLS
Mls Provider:
Mls ID: #G5096378
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