1506 Longbow DrLakelandFL33810
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
Investment Highlights
Rental property for sale in Lakeland at 1506 Longbow Dr, Lakeland, FL, 33810 priced at $237,500 pairs $1,440/mo rent with after a $1,162/mo payment. Total monthly income equals $1,440/mo. Return on cash invested is 16.68% in year one, and rental yield stands at 7.28% on a $237,500 basis. Equity gained on principal adds $1,533/yr, and 5% annual appreciation accumulates to $65,617 by year five. Five-year ROI measures 86.58% and total cumulative return in cash reaches $68,169. For financing, Ziffy Mortgage’s DSCR program evaluates $1,440/mo property income against a $1,162/mo payment instead of your W2s, 1099s, or Tax returns.
Manufactured
Built in 1983
4,918 sqft lot
$N/A/sqft
$76 monthly HOA
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Ashley Bearden • KELLER WILLIAMS REALTY SMART
Mls Name: Stellar MLS
Mls Provider:
Mls ID: #L4952245
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