209 Pine Lilly CtLake 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 209 Pine Lilly Ct, Lake Alfred, FL, 33850 generates $2,388/mo in rent, after a $6,069/mo payment. Total monthly income is $2,388/mo. Return on cash invested sits at 2.92% in year one, and rental yield is 2.31% on a $1,240,000 entry. Equity gained on principal adds $8,002/yr, while 5% annual appreciation builds toward $342,589 over five years. Five-year ROI reaches 12.27% and total cumulative return in cash sums $49,302. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,388/mo property income rather than buyer’s personal income.
Single Family
Built in 2024
0.27 Acres 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: Olivia Boggs • DALTON WADE INC
Mls Name: Stellar MLS
Mls ID: #P4935049