Save Search
Filters Applied
EditEdit Filters
Price: $300K - 500K
Monthly Cash Flow: 1 - 3k+
Home Type: Single Family
Loading Maps & Overview...
Loading Calculator...
A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |
Rental property for sale in Lakeland at 1568 Cordgrass Way, Lakeland, FL, 33813 generates $3,024/mo in rent, after a $2,863/mo payment. Total monthly income is $3,024/mo. Return on cash invested sits at 13.89% in year one, and rental yield is 6.2% on a $585,000 entry. Equity gained on principal adds $3,775/yr, while 5% annual appreciation builds toward $161,625 over five years. Five-year ROI reaches 71.43% and total cumulative return in cash sums $137,478. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $3,024/mo property income rather than buyer’s personal income.
Single Family
Built in 2021
0.26 Acres lot
$N/A/sqft
$132 monthly HOA
Neighborhood data shown for ZIP Code: 33813, Lakeland, FL area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 14,841 (100%) |
| Owner Occupied HU | 11,809 (79.6%) |
| Renter Occupied HU | 2,470 (16.6%) |
| Vacant Housing Units | 562 ( 3.8%) |
| Median Home Value | $391,026 |
| Average Home Value | $439,689 |
Residential
14,667
Single Family
12,943
Multi-Family
1,724
Businesses
881
Date | Event | Price |
|---|---|---|
| 2025-08-10 | Listed for sale | $585,000 |
| 2025-07-28 | Listing removed | $575,000 |
| 2025-06-20 | Price change | $575,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-08-11 | $4989.67 | N/A | $430,285 | 24.67% |
| 2023-08-11 | N/A | N/A | $345,150 | 3.00% |
| 2022-08-11 | N/A | N/A | $335,097 | 440.48% |
Listed by: Stephanie Meyer PA • LPT REALTY, LLC
Mls Name: Stellar MLS
Mls Provider:
Mls ID: #L4954793
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
