157 Mango Rd NELake PlacidFL33852
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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 Placid at 157 Mango Rd NE, Lake Placid, FL, 33852 at $549,000 posts ROI 14.9% with from $2,867/mo rent. Total monthly income equals $2,867/mo. Return on cash invested measures 14.9% and rental yield reads 6.27% at the current $549,000. Equity gained on principal adds $3,543/yr, and 5% annual appreciation supports $151,679 by year five. Five-year ROI prints 76.55% and total cumulative return in cash totals $138,272. You can finance with Ziffy Mortgage’s DSCR loan, which relies on $2,867/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 2025
10,454 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 33852, Lake Placid, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 13,836 (100%) |
| Owner Occupied HU | 8,147 (58.9%) |
| Renter Occupied HU | 1,867 (13.5%) |
| Vacant Housing Units | 3,822 (27.6%) |
| Median Home Value | $257,946 |
| Average Home Value | $293,604 |
Housing Distribution
Address Breakdown
Residential
12,137
Single Family
11,465
Multi-Family
672
Businesses
523
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Listed by: Lisa Frantz • LPT Realty LLC
Mls Name: HFMLS
Mls ID: #315769