1695 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
Investment property for sale in Lake Alfred at 1695 Ruby Ln, Lake Alfred, FL, 33850 offers a 8.79% rental yield on a $372,310 purchase with $2,728/mo rent. Total monthly income registers $2,728/mo, and a $1,822/mo payment leaves $258/mo available for distribution. Annual cash flow reaches $3,091/yr on $123,421 to close, and return on cash invested stands at 22.41% in year one. Equity gained on principal adds $2,402/yr while 5% annual appreciation supports $102,862 over five years. Portfolio math shows five-year ROI at 116.86% and total cumulative return in cash at $144,226. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $2,728/mo property income against a $1,822/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 2025
5,749 sqft 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: Jacque Gendron • PULTE REALTY OF WEST FLORIDA LLC
Mls Name: Stellar MLS
Mls ID: #TB8449406