2151 Old Mining RdLakelandFL33801
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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 Lakeland at 2151 Old Mining Rd, Lakeland, FL, 33801 at $407,500 posts ROI 7.91% with from $1,734/mo rent. Total monthly income equals $1,734/mo. Return on cash invested measures 7.91% and rental yield reads 5.11% at the current $407,500. Equity gained on principal adds $2,630/yr, and 5% annual appreciation supports $112,585 by year five. Five-year ROI prints 40.3% and total cumulative return in cash totals $54,439. You can finance with Ziffy Mortgage’s DSCR loan, which relies on $1,734/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 2022
8,337 sqft lot
$N/A/sqft
$277 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 33801, Lakeland, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 16,133 (100%) |
| Owner Occupied HU | 7,444 (46.1%) |
| Renter Occupied HU | 6,890 (42.7%) |
| Vacant Housing Units | 1,799 (11.2%) |
| Median Home Value | $166,611 |
| Average Home Value | $218,447 |
Housing Distribution
Address Breakdown
Residential
14,299
Single Family
11,614
Multi-Family
2,685
Businesses
1,518
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Listed by: Ryan Odenweller • COLDWELL BANKER REALTY
Mls Name: Stellar MLS
Mls Provider:
Mls ID: #P4932398
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