17 Loma VerdeLakelandFL33813
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
Investment property for sale in Lakeland at 17 Loma Verde, Lakeland, FL, 33813 with 5% annual appreciation on a $309,000 basis while $2,383/mo rent supports operations. Total monthly income totals $2,383/mo and a $1,512/mo payment preserves $333/mo for cash returns. Annual cash flow comes to $3,994/yr on $102,434 deployed, and return on cash invested reaches 23.81% in year one. Equity gained on principal adds $1,994/yr, and five-year appreciation sums $85,371 alongside rental yield of 9.25%. Five-year ROI measures 124.34% and total cumulative return in cash totals $127,361.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $2,383/mo property income versus a $1,512/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Condo
Built in 1975
1,812 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 33813, Lakeland, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 14,841 (100%) |
| Owner Occupied HU | 11,809 (79.6%) |
| Renter Occupied HU | 2,470 (16.6%) |
| Vacant Housing Units | 562 ( 3.8%) |
| Median Home Value | $391,026 |
| Average Home Value | $439,689 |
Housing Distribution
Address Breakdown
Residential
14,667
Single Family
12,943
Multi-Family
1,724
Businesses
881
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices