1511 Churchill LnLakelandFL33801
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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 1511 Churchill Ln, Lakeland, FL, 33801 priced at $259,000 converts $3,060/mo rent into $1,341/mo cash flow after a $1,268/mo obligation. Total monthly income equals $3,060/mo, and annual cash flow totals $16,091/yr on $85,859 invested. Return on cash invested prints 38.65% in year one, and rental yield reads 14.18% against a $259,000 entry. Equity gained on principal adds $1,671/yr, while 5% annual appreciation compiles into $71,557 by year five. Five-year ROI reaches 203.92% and total cumulative return in cash sums $175,084. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $3,060/mo property income covering a $1,268/mo payment, not borrower’s personal income.
Single Family
Built in 1967
7,841 sqft 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
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Listed by: Cameron Woods • DREAM REALTY GROUP
Mls Name: Stellar MLS
Mls Provider:
Mls ID: #L4941614
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