2048 Airedale WayLake 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
Rental property for sale in Lake Alfred at 2048 Airedale Way, Lake Alfred, FL, 33850 priced at $479,900 converts $2,774/mo rent into after a $2,349/mo obligation. Total monthly income equals $2,774/mo. Return on cash invested prints 15.56% in year one, and rental yield reads 6.94% against a $479,900 entry. Equity gained on principal adds $3,097/yr, while 5% annual appreciation compiles into $132,588 by year five. Five-year ROI reaches 80.57% and total cumulative return in cash sums $128,181. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $2,774/mo property income covering a $2,349/mo payment, not borrower’s personal income.
Single Family
Built in 2023
5,497 sqft lot
$N/A/sqft
$18 monthly 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: Alessandro DiMare • COAST TO COAST REAL ESTATE PRO
Mls Name: Stellar MLS
Mls Provider:
Mls ID: #G5095569
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