2045 Thelma DrLake AlfredFL33850
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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
Investment property for sale in Lake Alfred at 2045 Thelma Dr, Lake Alfred, FL, 33850 uses $66,300 cash to close to unlock $3,776/yr annual cash flow and $315/mo monthly cash flow. Total monthly income runs $1,642/mo, and a $979/mo payment keeps the spread at $315/mo. Purchase price stands at $200,000, and rental yield measures 9.85% with $1,642/mo rent. Return on cash invested shows 25.6% in year one, and 5% annual appreciation builds toward $55,256 over five years. Five-year ROI reaches 133.98% and total cumulative return in cash records $88,832. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,642/mo property income covering a $979/mo payment rather than investor’s personal income.
Manufactured
Built in 2016
10,620 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
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Listed by: Ana Chirino • CHIRINO REAL ESTATE
Mls Name: Stellar MLS
Mls ID: #TB8465118