200 Clark RdLake 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 200 Clark Rd, Lake Alfred, FL, 33850 with 5% annual appreciation on a $190,000 basis while $1,468/mo rent supports operations. Total monthly income totals $1,468/mo and a $930/mo payment preserves $207/mo for cash returns. Annual cash flow comes to $2,485/yr on $62,985 deployed, and return on cash invested reaches 23.85% in year one. Equity gained on principal adds $1,226/yr, and five-year appreciation sums $52,494 alongside rental yield of 9.27%. Five-year ROI measures 124.68% and total cumulative return in cash totals $78,528.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $1,468/mo property income versus a $930/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Manufactured
Built in 2002
8,939 sqft 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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Prudy Cole • CENTURY 21 BE3
Mls Name: Stellar MLS
Mls Provider:
Mls ID: #TB8450561
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