








A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |


Investment property for sale in Lake Alfred at 2016 Airedale Way, Lake Alfred, FL, 33850 uses $113,038 cash to close to unlock $5,413/yr annual cash flow and $451/mo monthly cash flow. Total monthly income runs $2,728/mo, and a $1,669/mo payment keeps the spread at $451/mo. Purchase price stands at $340,990, and rental yield measures 9.6% with $2,728/mo rent. Return on cash invested shows 24.7% in year one, and 5% annual appreciation builds toward $94,209 over five years. Five-year ROI reaches 129.19% and total cumulative return in cash records $146,033. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,728/mo property income covering a $1,669/mo payment rather than investor’s personal income.
Single Family
Built in 2024
6,969 sqft lot
$N/A/sqft
$14 monthly HOA
Neighborhood data shown for ZIP Code: 33850, Lake Alfred, FL area.
| 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 |
Residential
4,175
Single Family
3,832
Multi-Family
343
Businesses
239
Date | Event | Price |
|---|---|---|
| 2024-08-29 | Listed for sale | $340,990 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| No tax history data available | ||||



Listed by: Paul King • DR HORTON REALTY OF CENTRAL FLORIDA LLC
Mls Name: Stellar MLS
Mls Provider:
Mls ID: #O6237050
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