2231 Club CirLake WalesFL33854
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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 2231 Club Cir, Lake Wales, FL, 33854 earns from $954/mo rent with a $611/mo payment. Total monthly income totals $954/mo. ROI tracks 15.14% on current figures, and rental yield reads 9.17% at a $124,900 purchase. Equity gained on principal adds $806/yr, and 5% annual appreciation supports $34,508 over five years. Five-year ROI reaches 80.97% and total cumulative return in cash sums $33,526. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $954/mo property income instead of your personal income.
Condo
Built in N/A
N/A lot
$N/A/sqft
$290 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 33854, Fedhaven, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 491 (100%) |
| Owner Occupied HU | 102 (20.8%) |
| Renter Occupied HU | 129 (26.3%) |
| Vacant Housing Units | 260 (53.0%) |
| Median Home Value | $105,000 |
| Average Home Value | $144,093 |
Housing Distribution
Address Breakdown
Residential
0
Single Family
0
Multi-Family
0
Businesses
5
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Listed by: Zoraya Colon • Elite Realty Agency, LLC
Mls Name: My State MLS
Mls ID: #11519848