1470 Crooked Stick Loop #489LakelandFL33801
INVESTMENT ANALYSIS
Investment Verdict
Solid IncomeThe cash-flow margin at 1470 Crooked Stick Loop #489, Lakeland, FL, 33801 in Lakeland is narrow, $137/mo net on $817/mo rent after the $461/mo debt service, but the property operates at break-even-plus, not a loss. At $102,500 with a 9.56% yield, the long-run equity case via 5% appreciation ($28,319 over five years) and $944/yr in principal paydown is where the returns accumulate. Ziffy Mortgage's 1.77 DSCR loan requires no W-2s or U.S. credit. Total projected cumulative return: $47,902.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 9.6% | 7.0% |
| Monthly Cash Flow | $137 | $1,500 |
City averages based on Lakeland market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $817 |
| Total Monthly Debt Service | $639 |
| DSCR Ratio | 1.28x |
Ziffy Mortgage: Your DSCR most likely meets our 1.0+ requirement, so you'll most probably qualify for our standard DSCR investment loan program. To pre-qualify, book time with your loan officer →
Estimates assume 6.0% rate / 30-yr fixed, 30% down, 1% tax, 0.5% insurance. Not a commitment to lend.
Manufactured
Built in 1992
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 33801, Lakeland, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 16,133 (100%) |
| Owner Occupied HU | 7,444 (46.1%) |
| Renter Occupied HU | 6,890 (42.7%) |
| Vacant Housing Units | 1,799 (11.2%) |
| Median Home Value | $166,611 |
| Average Home Value | $218,447 |
Housing Distribution
Address Breakdown
Residential
14,299
Single Family
11,614
Multi-Family
2,685
Businesses
1,518
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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
Manufactured
Built in 1992
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 33801, Lakeland, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 16,133 (100%) |
| Owner Occupied HU | 7,444 (46.1%) |
| Renter Occupied HU | 6,890 (42.7%) |
| Vacant Housing Units | 1,799 (11.2%) |
| Median Home Value | $166,611 |
| Average Home Value | $218,447 |
Housing Distribution
Address Breakdown
Residential
14,299
Single Family
11,614
Multi-Family
2,685
Businesses
1,518
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices