1901 Us Highway 17 #92-53Lake 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
Investment property for sale in Lake Alfred at 1901 Us Highway 17 #92-53, Lake Alfred, FL, 33850 earns $1,712/mo cash flow from $3,022/mo rent with a $964/mo payment. Total monthly income totals $3,022/mo, and annual cash flow totals $20,543/yr on $65,306 capital. ROI tracks 51.37% on current figures, and rental yield reads 18.41% at a $197,000 purchase. Equity gained on principal adds $1,271/yr, and 5% annual appreciation supports $54,427 over five years. Five-year ROI reaches 272.14% and total cumulative return in cash sums $177,722. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $3,022/mo property income instead of your personal income.
Manufactured
Built in 1981
N/A lot
$N/A/sqft
$3 monthly 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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Hope Isaacs • The SWANS Mobile Home ReSale Specialists LLC
Mls Name: My State MLS
Mls ID: #11272422