1519 Club CirLake WalesFL33854
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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
Investment property for sale in Lake Wales at 1519 Club Cir, Lake Wales, FL, 33854 earns $575/mo cash flow from $1,299/mo rent with a $534/mo payment. Total monthly income totals $1,299/mo, and annual cash flow totals $6,902/yr on $36,134 capital. ROI tracks 39.01% on current figures, and rental yield reads 14.3% at a $109,000 purchase. Equity gained on principal adds $703/yr, and 5% annual appreciation supports $30,115 over five years. Five-year ROI reaches 206% and total cumulative return in cash sums $74,434. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $1,299/mo property income instead of your personal income.
Condo
Built in 1965
998 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 33854, Fedhaven, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 491 (100%) |
| Owner Occupied HU | 102 (20.8%) |
| Renter Occupied HU | 129 (26.3%) |
| Vacant Housing Units | 260 (53.0%) |
| Median Home Value | $105,000 |
| Average Home Value | $144,093 |
Housing Distribution
Address Breakdown
Residential
0
Single Family
0
Multi-Family
0
Businesses
5
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Listed by: Tariq Abouadma • QUALITY RE SERVICES LLC
Mls Name: Stellar MLS
Mls ID: #O6368709