223 Windsor St APT 6LakelandFL33803
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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 223 Windsor St APT 6, Lakeland, FL, 33803 priced at $155,000 converts $1,371/mo rent into $91/mo cash flow after a $759/mo obligation. Total monthly income equals $1,371/mo, and annual cash flow totals $1,092/yr on $51,383 invested. Return on cash invested prints 22.04% in year one, and rental yield reads 10.61% against a $155,000 entry. Equity gained on principal adds $1,000/yr, while 5% annual appreciation compiles into $42,824 by year five. Five-year ROI reaches 117.06% and total cumulative return in cash sums $60,148. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $1,371/mo property income covering a $759/mo payment, not borrower’s personal income.
Condo
Built in 1961
563 sqft lot
$N/A/sqft
$251 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 33803, Lakeland, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 14,347 (100%) |
| Owner Occupied HU | 7,920 (55.2%) |
| Renter Occupied HU | 4,890 (34.1%) |
| Vacant Housing Units | 1,537 (10.7%) |
| Median Home Value | $328,145 |
| Average Home Value | $368,084 |
Housing Distribution
Address Breakdown
Residential
13,625
Single Family
9,769
Multi-Family
3,856
Businesses
1,060
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Listed by: Greg Sullivan • BY OWNER.COM
Mls Name: Stellar MLS
Mls Provider:
Mls ID: #TB8397664
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