217 Harper Estates CirLake WalesFL33859
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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 Wales at 217 Harper Estates Cir, Lake Wales, FL, 33859 listed at $287,202 pairs $2,226/mo rent with a $1,406/mo payment to leave $257/mo cash flow. Total monthly income runs $2,226/mo, and annual cash flow reaches $3,081/yr on $95,207 cash to close. Return on cash invested measures 23.15% in year one, and rental yield registers 9.3% at a $287,202 basis. Equity gained on principal adds $1,853/yr, and annual property appreciation at 5% supports $79,349 by year five. Five-year ROI tracks 121.08% and total cumulative return in cash totals $115,274. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $2,226/mo property income relative to a $1,406/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 2025
5,998 sqft lot
$N/A/sqft
$63 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 33859, Lake Wales, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 6,900 (100%) |
| Owner Occupied HU | 4,212 (61.0%) |
| Renter Occupied HU | 1,592 (23.1%) |
| Vacant Housing Units | 1,096 (15.9%) |
| Median Home Value | $272,083 |
| Average Home Value | $311,644 |
Housing Distribution
Address Breakdown
Residential
5,567
Single Family
4,994
Multi-Family
573
Businesses
573
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Listed by: Ed Laderer • VANTAGE PROPERTY MANAGEMENT LLC
Mls Name: Stellar MLS
Mls Provider:
Mls ID: #R4908863
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