129 Woodside 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
Rental property for sale in Lake Placid at 129 Woodside Dr, Lake Placid, FL, 33852 priced at $289,999 converts $2,012/mo rent into after a $1,419/mo obligation. Total monthly income equals $2,012/mo. Return on cash invested prints 19.73% in year one, and rental yield reads 8.33% against a $289,999 entry. Equity gained on principal adds $1,871/yr, while 5% annual appreciation compiles into $80,121 by year five. Five-year ROI reaches 102.93% and total cumulative return in cash sums $98,956. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $2,012/mo property income covering a $1,419/mo payment, not borrower’s personal income.
Single Family
Built in 2023
4,791 sqft lot
$N/A/sqft
$102 monthly 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: Sue Clark • CENTURY 21 Lake & Land Myers Realty
Mls Name: HFMLS
Mls ID: #306437
Disclaimer: Copyright Heartland Association of Realtors. All rights reserved. Information is deemed reliable but not guaranteed.