1963 Long Boat DrLakelandFL33810
INVESTMENT ANALYSIS
Investment Verdict
Strong Cash FlowSolid, durable, and financeable, 1963 Long Boat Dr, Lakeland, FL, 33810 in Lakeland earns a 11.89% gross yield at $209,500. Rent of $2,076/mo nets $468/mo after the $942/mo mortgage. The 2.20 DSCR signals clean DSCR underwriting through Ziffy Mortgage, with no personal income verification required. Five-year value growth of $57,881 and $1,930/yr in equity accumulation project a total cumulative return of $110,950.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 11.9% | 7.0% |
| Monthly Cash Flow | $468 | $1,500 |
City averages based on Lakeland market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $2,076 |
| Total Monthly Debt Service | $1,525 |
| DSCR Ratio | 1.36x |
Ziffy Mortgage: Your DSCR most likely meets our 1.0+ requirement, so you'll most probably qualify for our standard DSCR investment loan program. To pre-qualify, book time with your loan officer →
Estimates assume 6.0% rate / 30-yr fixed, 30% down, 1% tax, 0.5% insurance. Not a commitment to lend.
Single Family
Built in 1988
5,184 sqft lot
$N/A/sqft
$218 monthly HOA
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
Single Family
Built in 1988
5,184 sqft lot
$N/A/sqft
$218 monthly HOA
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Patricia Doud LLC • HARPER REALTY FL, LLC
Mls Name: Stellar MLS
Mls Provider:
Mls ID: #L4943662
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