1920 E Edgewood Dr E APT G5LakelandFL33803
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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 1920 E Edgewood Dr E APT G5, Lakeland, FL, 33803 at $160,000 posts ROI 15.21% with from $1,303/mo rent. Total monthly income equals $1,303/mo. Return on cash invested measures 15.21% and rental yield reads 9.77% at the current $160,000. Equity gained on principal adds $1,032/yr, and 5% annual appreciation supports $44,205 by year five. Five-year ROI prints 81.99% and total cumulative return in cash totals $43,490. You can finance with Ziffy Mortgage’s DSCR loan, which relies on $1,303/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Condo
Built in 1973
528 sqft lot
$N/A/sqft
$449 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 33803, Lakeland, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 14,347 (100%) |
| Owner Occupied HU | 7,920 (55.2%) |
| Renter Occupied HU | 4,890 (34.1%) |
| Vacant Housing Units | 1,537 (10.7%) |
| Median Home Value | $328,145 |
| Average Home Value | $368,084 |
Housing Distribution
Address Breakdown
Residential
13,625
Single Family
9,769
Multi-Family
3,856
Businesses
1,060
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Listed by: Dawn Manz • XCELLENCE REALTY, INC
Mls Name: Stellar MLS
Mls Provider:
Mls ID: #L4946651
Disclaimer: IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed. Some IDX listings have been excluded from this website. Listing Information presented by local MLS brokerage: Zillow, Inc - (407) 904-3511