2219 Teneroc TrlLakelandFL33801
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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 2219 Teneroc Trl, Lakeland, FL, 33801 generates $1,872/mo in rent and, after a $1,255/mo payment, leaves $170/mo in cash flow. Total monthly income is $1,872/mo, and annual cash flow is $2,043/yr on $85,030 invested. Return on cash invested sits at 22.31% in year one, and rental yield is 8.76% on a $256,500 entry. Equity gained on principal adds $1,655/yr, while 5% annual appreciation builds toward $70,866 over five years. Five-year ROI reaches 116.36% and total cumulative return in cash sums $98,939. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,872/mo property income rather than buyer’s personal income.
Single Family
Built in 2023
4,604 sqft lot
$N/A/sqft
No 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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