1618 Ruby LnLake AlfredFL33850
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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
Rental property for sale in Lake Alfred at 1618 Ruby Ln, Lake Alfred, FL, 33850 generates $3,938/mo in rent and, after a $2,330/mo payment, leaves $779/mo in cash flow. Total monthly income is $3,938/mo, and annual cash flow is $9,346/yr on $157,824 invested. Return on cash invested sits at 25.83% in year one, and rental yield is 9.93% on a $476,090 entry. Equity gained on principal adds $3,072/yr, while 5% annual appreciation builds toward $131,535 over five years. Five-year ROI reaches 135.17% and total cumulative return in cash sums $213,337. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $3,938/mo property income rather than buyer’s personal income.
Single Family
Built in 2024
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 33850, Lake Alfred, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 5,076 (100%) |
| Owner Occupied HU | 3,644 (71.8%) |
| Renter Occupied HU | 843 (16.6%) |
| Vacant Housing Units | 589 (11.6%) |
| Median Home Value | $276,374 |
| Average Home Value | $301,478 |
Housing Distribution
Address Breakdown
Residential
4,175
Single Family
3,832
Multi-Family
343
Businesses
239
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Listed by: N/A • Pulte Homes
Mls Name: Pulte
Mls Provider:
Mls ID: #N/A