1123 Walt Williams Rd #4LakelandFL33809
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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 1123 Walt Williams Rd #4, Lakeland, FL, 33809 uses $41,438 cash to close to unlock $1,311/yr annual cash flow and $109/mo monthly cash flow. Total monthly income runs $939/mo, and a $612/mo payment keeps the spread at $109/mo. Purchase price stands at $125,000, and rental yield measures 9.01% with $939/mo rent. Return on cash invested shows 23.07% in year one, and 5% annual appreciation builds toward $34,535 over five years. Five-year ROI reaches 120.51% and total cumulative return in cash records $49,937. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $939/mo property income covering a $612/mo payment rather than investor’s personal income.
Manufactured
Built in 2013
990 sqft lot
$N/A/sqft
No HOA
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
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