1612 Cog Hill DrLady LakeFL32159
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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 Lady Lake at 1612 Cog Hill Dr, Lady Lake, FL, 32159 offers $1,675/mo rent that, after a $1,216/mo payment, leaves $26/mo cash flow. Total monthly income is $1,675/mo, and annual cash flow is $314/yr on $82,378 cash. Return on cash invested measures 20.29% in year one, and rental yield stands at 8.09% at a $248,500 entry. Equity gained on principal adds $1,604/yr while 5% annual appreciation compounds into $68,656 by year five. Five-year ROI records 105.52% and total cumulative return in cash reaches $86,923. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $1,675/mo property income versus a $1,216/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Manufactured
Built in 1988
5,400 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 32159, Lady Lake, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 19,860 (100%) |
| Owner Occupied HU | 13,610 (68.5%) |
| Renter Occupied HU | 3,064 (15.4%) |
| Vacant Housing Units | 3,186 (16.0%) |
| Median Home Value | $352,165 |
| Average Home Value | $367,814 |
Housing Distribution
Address Breakdown
Residential
18,353
Single Family
6,385
Multi-Family
11,968
Businesses
722
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices