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Price: $300K - 500K
Monthly Cash Flow: $1 - $3k+
Home Type: Single Family
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$3,500,000
5 bds5 ba5020sqft
2300 N Scenic Hwy #40Lake WalesFL33898
1.56%
Gross Yield
0.6%
ROI
$4,540/m
Est. Rent
$0
Total Investment
$0
Down Payment
$0
Closing Costs
For Sale








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NMLS #2625701
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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


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Investment Highlights
Investment property for sale in Lake Wales at 2300 N Scenic Hwy #40, Lake Wales, FL, 33898 projects strong ROI of 0.6%. Rental yield 1.56%. With 5% annual appreciation, the property builds $966,985 in value over five years. You can finance this property with Ziffy Mortgage’s DSCR loan, which leverages the property’s income for qualification rather than your personal income.
Single Family
Built in 1925
3.17 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 33898, Lake Wales, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 9,977 (100%) |
| Owner Occupied HU | 5,967 (59.8%) |
| Renter Occupied HU | 1,521 (15.2%) |
| Vacant Housing Units | 2,489 (24.9%) |
| Median Home Value | $264,397 |
| Average Home Value | $297,827 |
Housing Distribution
Address Breakdown
Residential
8,631
Single Family
7,356
Multi-Family
1,275
Businesses
180
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Powered by
Ziffy Mortgage
NMLS #2625701
Get Pre-Approved
Listed by: Rhonda Heath • MOUNTAIN LAKE CORPORATION
Mls Name: Stellar MLS
Mls ID: #P4936490






