23 Lake Griffin Dr #12Fruitland ParkFL34731
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Nearby investment properties with comparable prices
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 Fruitland Park at 23 Lake Griffin Dr #12, Fruitland Park, FL, 34731 at $102,000 posts ROI 23.83% with $110/mo cash flow from $787/mo rent. Total monthly income equals $787/mo, and annual cash flow records $1,324/yr on $33,813 to close. Return on cash invested measures 23.83% and rental yield reads 9.26% at the current $102,000. Equity gained on principal adds $658/yr, and 5% annual appreciation supports $28,181 by year five. Five-year ROI prints 124.56% and total cumulative return in cash totals $42,116.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $787/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Manufactured
Built in 2006
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 34731, Fruitland Park, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 5,958 (100%) |
| Owner Occupied HU | 4,261 (71.5%) |
| Renter Occupied HU | 999 (16.8%) |
| Vacant Housing Units | 698 (11.7%) |
| Median Home Value | $293,991 |
| Average Home Value | $326,186 |
Housing Distribution
Address Breakdown
Residential
5,598
Single Family
5,187
Multi-Family
411
Businesses
322
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Listed by: Malinda Brown • Lakeside Terrace
Mls Name: My State MLS
Mls ID: #11467907