200 Cloverleaf RdLake PlacidFL33852
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 Placid at 200 Cloverleaf Rd, Lake Placid, FL, 33852 priced at $1,275,000 converts $5,546/mo rent into after a $6,240/mo obligation. Total monthly income equals $5,546/mo. Return on cash invested prints 11.9% in year one, and rental yield reads 5.22% against a $1,275,000 entry. Equity gained on principal adds $8,227/yr, while 5% annual appreciation compiles into $352,259 by year five. Five-year ROI reaches 60.42% and total cumulative return in cash sums $249,578. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $5,546/mo property income covering a $6,240/mo payment, not borrower’s personal income.
Single Family
Built in 2019
0.52 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 33852, Lake Placid, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 13,836 (100%) |
| Owner Occupied HU | 8,147 (58.9%) |
| Renter Occupied HU | 1,867 (13.5%) |
| Vacant Housing Units | 3,822 (27.6%) |
| Median Home Value | $257,946 |
| Average Home Value | $293,604 |
Housing Distribution
Address Breakdown
Residential
12,137
Single Family
11,465
Multi-Family
672
Businesses
523
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Lamanda Jones • CENTURY 21 WATSON & MYERS REALTY
Mls Name: Stellar MLS
Mls Provider:
Mls ID: #P4936086
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