1630 Fruitwood DrLakelandFL33805
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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 1630 Fruitwood Dr, Lakeland, FL, 33805 earns $183/mo cash flow from $1,504/mo rent with a $974/mo payment. Total monthly income totals $1,504/mo, and annual cash flow totals $2,201/yr on $65,969 capital. ROI tracks 23.25% on current figures, and rental yield reads 9.07% at a $199,000 purchase. Equity gained on principal adds $1,284/yr, and 5% annual appreciation supports $54,980 over five years. Five-year ROI reaches 121.38% and total cumulative return in cash sums $80,070. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $1,504/mo property income instead of your personal income.
Single Family
Built in 1987
6,608 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 33805, Lakeland, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 11,939 (100%) |
| Owner Occupied HU | 5,346 (44.8%) |
| Renter Occupied HU | 5,621 (47.1%) |
| Vacant Housing Units | 972 ( 8.1%) |
| Median Home Value | $208,779 |
| Average Home Value | $240,920 |
Housing Distribution
Address Breakdown
Residential
11,165
Single Family
7,516
Multi-Family
3,649
Businesses
479
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