2119 Winterset DrLakelandFL33813
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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 2119 Winterset Dr, Lakeland, FL, 33813 priced at $255,000 converts $2,490/mo rent into $315/mo cash flow after a $1,248/mo obligation. Total monthly income equals $2,490/mo, and annual cash flow totals $3,779/yr on $84,533 invested. Return on cash invested prints 24.38% in year one, and rental yield reads 11.72% against a $255,000 entry. Equity gained on principal adds $1,645/yr, while 5% annual appreciation compiles into $70,452 by year five. Five-year ROI reaches 129.87% and total cumulative return in cash sums $109,784. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $2,490/mo property income covering a $1,248/mo payment, not borrower’s personal income.
Townhouse
Built in 2004
1,751 sqft lot
$N/A/sqft
$371 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 33813, Lakeland, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 14,841 (100%) |
| Owner Occupied HU | 11,809 (79.6%) |
| Renter Occupied HU | 2,470 (16.6%) |
| Vacant Housing Units | 562 ( 3.8%) |
| Median Home Value | $391,026 |
| Average Home Value | $439,689 |
Housing Distribution
Address Breakdown
Residential
14,667
Single Family
12,943
Multi-Family
1,724
Businesses
881
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Listed by: Lucy Yip • CENTURY 21 CARIOTI
Mls Name: Stellar MLS
Mls Provider:
Mls ID: #O6266627
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