231 Lakeview LnEnglewoodFL34223
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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 Englewood at 231 Lakeview Ln, Englewood, FL, 34223 uses $74,588 cash to close to unlock $1,093/yr annual cash flow and $91/mo monthly cash flow. Total monthly income runs $1,584/mo, and a $1,101/mo payment keeps the spread at $91/mo. Purchase price stands at $225,000, and rental yield measures 8.45% with $1,584/mo rent. Return on cash invested shows 21.37% in year one, and 5% annual appreciation builds toward $62,163 over five years. Five-year ROI reaches 111.34% and total cumulative return in cash records $83,049. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,584/mo property income covering a $1,101/mo payment rather than investor’s personal income.
Single Family
Built in 1959
10,500 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 34223, Englewood, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 16,549 (100%) |
| Owner Occupied HU | 10,404 (62.9%) |
| Renter Occupied HU | 1,637 ( 9.9%) |
| Vacant Housing Units | 4,508 (27.2%) |
| Median Home Value | $546,059 |
| Average Home Value | $631,986 |
Housing Distribution
Address Breakdown
Residential
13,691
Single Family
11,537
Multi-Family
2,154
Businesses
636
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