22707 Watersedge Blvd APT 57Land O LakesFL34639
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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 Land O Lakes at 22707 Watersedge Blvd APT 57, Land O Lakes, FL, 34639 uses $49,692 cash to close to unlock $1,823/yr annual cash flow and $152/mo monthly cash flow. Total monthly income runs $1,147/mo, and a $734/mo payment keeps the spread at $152/mo. Purchase price stands at $149,900, and rental yield measures 9.18% with $1,147/mo rent. Return on cash invested shows 23.58% in year one, and 5% annual appreciation builds toward $41,415 over five years. Five-year ROI reaches 123.11% and total cumulative return in cash records $61,175. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,147/mo property income covering a $734/mo payment rather than investor’s personal income.
Condo
Built in 1988
59.78 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 34639, Land O Lakes, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 10,947 (100%) |
| Owner Occupied HU | 8,151 (74.5%) |
| Renter Occupied HU | 2,346 (21.4%) |
| Vacant Housing Units | 450 ( 4.1%) |
| Median Home Value | $434,237 |
| Average Home Value | $477,200 |
Housing Distribution
Address Breakdown
Residential
10,979
Single Family
9,323
Multi-Family
1,656
Businesses
795
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Listed by: James Adams, PA • EXP REALTY, LLC
Mls Name: Stellar MLS
Mls ID: #W7880035