2181 Emma LnLake WalesFL33853
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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 Wales at 2181 Emma Ln, Lake Wales, FL, 33853 priced at $281,900 converts $907/mo rent into after a $1,380/mo obligation. Total monthly income equals $907/mo. Return on cash invested prints 7.53% in year one, and rental yield reads 3.86% against a $281,900 entry. Equity gained on principal adds $1,819/yr, while 5% annual appreciation compiles into $77,884 by year five. Five-year ROI reaches 37.12% and total cumulative return in cash sums $34,685. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $907/mo property income covering a $1,380/mo payment, not borrower’s personal income.
Single Family
Built in 2025
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 33853, Lake Wales, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 5,290 (100%) |
| Owner Occupied HU | 2,614 (49.4%) |
| Renter Occupied HU | 2,091 (39.5%) |
| Vacant Housing Units | 585 (11.1%) |
| Median Home Value | $262,414 |
| Average Home Value | $297,182 |
Housing Distribution
Address Breakdown
Residential
4,964
Single Family
4,540
Multi-Family
424
Businesses
582
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Listed by: N/A • Southern Homes
Mls Name: My Southern Homes
Mls Provider:
Mls ID: #N/A