1315 W Oak DrLakelandFL33810
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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 Lakeland at 1315 W Oak Dr, Lakeland, FL, 33810 generates $2,108/mo in rent and, after a $734/mo payment, leaves $1,113/mo in cash flow. Total monthly income is $2,108/mo, and annual cash flow is $13,353/yr on $49,725 invested. Return on cash invested sits at 46.76% in year one, and rental yield is 16.86% on a $150,000 entry. Equity gained on principal adds $968/yr, while 5% annual appreciation builds toward $41,442 over five years. Five-year ROI reaches 247.44% and total cumulative return in cash sums $123,042. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,108/mo property income rather than buyer’s personal income.
Single Family
Built in 1952
0.38 Acres lot
$N/A/sqft
No HOA
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Listed by: David Small • KELLER WILLIAMS REALTY SMART 1
Mls Name: Stellar MLS
Mls Provider:
Mls ID: #P4928530
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