129 Lake Francis DrLake PlacidFL33852
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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 Lake Placid at 129 Lake Francis Dr, Lake Placid, FL, 33852 listed at $845,000 pairs $4,451/mo rent with a $4,136/mo payment. Total monthly income runs $4,451/mo. Return on cash invested measures 14.83% in year one, and rental yield registers 6.32% at a $845,000 basis. Equity gained on principal adds $5,453/yr, and annual property appreciation at 5% supports $233,458 by year five. Five-year ROI tracks 76.28% and total cumulative return in cash totals $212,064. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $4,451/mo property income relative to a $4,136/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 2001
0.60 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 33852, Lake Placid, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 13,836 (100%) |
| Owner Occupied HU | 8,147 (58.9%) |
| Renter Occupied HU | 1,867 (13.5%) |
| Vacant Housing Units | 3,822 (27.6%) |
| Median Home Value | $257,946 |
| Average Home Value | $293,604 |
Housing Distribution
Address Breakdown
Residential
12,137
Single Family
11,465
Multi-Family
672
Businesses
523
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Listed by: Roger Lohse • RE/MAX 5 Star Realty
Mls Name: BeachesMLS
Mls Provider:
Mls ID: #F10494267
Disclaimer: All listings featuring the BMLS logo are provided by Beaches MLS, Inc. This information is not verified for authenticity or accuracy and is not guaranteed. Copyright 2025 Beaches Multiple Listing Service, Inc. Information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.