1512 Boone PlLakelandFL33803
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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
Total monthly income runs $1,599/mo, and a $1,468/mo payment. Purchase price stands at $299,900, and rental yield measures 6.4% with $1,599/mo rent. Return on cash invested shows 15.19% in year one, and 5% annual appreciation builds toward $82,857 over five years. Five-year ROI reaches 78.11% and total cumulative return in cash records $77,656. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,599/mo property income covering a $1,468/mo payment rather than investor’s personal income.
Multi Family
Built in 1925
5,597 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 33803, Lakeland, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 14,347 (100%) |
| Owner Occupied HU | 7,920 (55.2%) |
| Renter Occupied HU | 4,890 (34.1%) |
| Vacant Housing Units | 1,537 (10.7%) |
| Median Home Value | $328,145 |
| Average Home Value | $368,084 |
Housing Distribution
Address Breakdown
Residential
13,625
Single Family
9,769
Multi-Family
3,856
Businesses
1,060
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