1613 Deverly Dr #845LakelandFL33801
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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 Lakeland at 1613 Deverly Dr #845, Lakeland, FL, 33801 earns $208/mo cash flow from $988/mo rent with a $575/mo payment. Total monthly income totals $988/mo, and annual cash flow totals $2,500/yr on $38,951 capital. ROI tracks 26.33% on current figures, and rental yield reads 10.09% at a $117,500 purchase. Equity gained on principal adds $758/yr, and 5% annual appreciation supports $32,463 over five years. Five-year ROI reaches 137.93% and total cumulative return in cash sums $53,726. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $988/mo property income instead of your personal income.
Manufactured
Built in 2006
N/A lot
$N/A/sqft
Has HOA fee HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 33801, Lakeland, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 16,133 (100%) |
| Owner Occupied HU | 7,444 (46.1%) |
| Renter Occupied HU | 6,890 (42.7%) |
| Vacant Housing Units | 1,799 (11.2%) |
| Median Home Value | $166,611 |
| Average Home Value | $218,447 |
Housing Distribution
Address Breakdown
Residential
14,299
Single Family
11,614
Multi-Family
2,685
Businesses
1,518
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