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Price: $300K - 500K
Monthly Cash Flow: 1 - 3k+
Home Type: Single Family
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A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |
Investment property for sale in Lakeland at 1317 W Belmar St, Lakeland, FL, 33815 offers a 7.07% rental yield on a $325,000 purchase with $1,914/mo rent. 91% in year one. Equity gained on principal adds $2,097/yr while 5% annual appreciation supports $89,792 over five years. Portfolio math shows five-year ROI at 87.45% and total cumulative return in cash at $94,213. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,914/mo property income against a $1,591/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1952
0.48 Acres lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 33815, Lakeland, FL area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 7,876 (100%) |
| Owner Occupied HU | 3,784 (48.0%) |
| Renter Occupied HU | 2,810 (35.7%) |
| Vacant Housing Units | 1,282 (16.3%) |
| Median Home Value | $66,466 |
| Average Home Value | $172,967 |
Residential
6,830
Single Family
5,629
Multi-Family
1,201
Businesses
573
Date | Event | Price |
|---|---|---|
| 2025-01-27 | Listed for sale | $325,000 |
| 2022-03-02 | Sold | $255,000 |
| 2022-02-23 | Pending sale | $259,950 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2023-02-13 | $3207.18 | 54.02% | $218,514 | 92.77% |
| 2022-02-13 | $2082.27 | 11.84% | $113,356 | 18.91% |
| 2021-02-13 | $1861.81 | 10.29% | $95,332 | 8.79% |
Listed by: Danielle Buurma • KELLER WILLIAMS REALTY SMART
Mls Name: Stellar MLS
Mls Provider:
Mls ID: #L4950168
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
