203 Janet LnLakelandFL33809
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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
Rental property for sale in Lakeland at 203 Janet Ln, Lakeland, FL, 33809 priced at $129,000 converts $1,027/mo rent into $171/mo cash flow after a $631/mo obligation. Total monthly income equals $1,027/mo, and annual cash flow totals $2,056/yr on $42,764 invested. Return on cash invested prints 24.72% in year one, and rental yield reads 9.55% against a $129,000 entry. Equity gained on principal adds $832/yr, while 5% annual appreciation compiles into $35,640 by year five. Five-year ROI reaches 129.31% and total cumulative return in cash sums $55,297. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $1,027/mo property income covering a $631/mo payment, not borrower’s personal income.
Manufactured
Built in 1980
7,558 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 33809, Lakeland, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 13,530 (100%) |
| Owner Occupied HU | 8,941 (66.1%) |
| Renter Occupied HU | 3,734 (27.6%) |
| Vacant Housing Units | 855 ( 6.3%) |
| Median Home Value | $320,715 |
| Average Home Value | $343,826 |
Housing Distribution
Address Breakdown
Residential
13,079
Single Family
11,016
Multi-Family
2,063
Businesses
681
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