1308 Owen 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
Investment property for sale in Lady Lake at 1308 Owen Dr, Lady Lake, FL, 32159 uses $57,184 cash to close to unlock $2,707/yr annual cash flow and $226/mo monthly cash flow. Total monthly income runs $1,370/mo, and a $844/mo payment keeps the spread at $226/mo. Purchase price stands at $172,500, and rental yield measures 9.53% with $1,370/mo rent. Return on cash invested shows 24.64% in year one, and 5% annual appreciation builds toward $47,659 over five years. Five-year ROI reaches 128.85% and total cumulative return in cash records $73,682. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,370/mo property income covering a $844/mo payment rather than investor’s personal income.
Manufactured
Built in 2009
6,000 sqft lot
$N/A/sqft
No 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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