185 Oak LnLake AlfredFL33850
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
Rental property for sale in Lake Alfred at 185 Oak Ln, Lake Alfred, FL, 33850 offers $928/mo rent that, after a $587/mo payment, leaves $132/mo cash flow. Total monthly income is $928/mo, and annual cash flow is $1,584/yr on $39,780 cash. Return on cash invested measures 23.89% in year one, and rental yield stands at 9.28% at a $120,000 entry. Equity gained on principal adds $774/yr while 5% annual appreciation compounds into $33,154 by year five. Five-year ROI records 124.75% and total cumulative return in cash reaches $49,627. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $928/mo property income versus a $587/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Manufactured
Built in 2000
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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Nearby investment properties with comparable prices
Listed by: Tina Carter • Someday Mobile Home Sales, LLC
Mls Name: My State MLS
Mls ID: #11552174