2338 Ridgeview Dr, Lakeland, FL, 33810 | $75/mo Cash Flow

For Sale

Listed for sale 2 days ago

Ziffy Mortgage

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 Lakeland at 2338 Ridgeview Dr, Lakeland, FL, 33810 earns $75/mo cash flow from $2,198/mo rent with a $1,566/mo payment. Total monthly income totals $2,198/mo, and annual cash flow totals $896/yr on $106,080 capital. ROI tracks 20.75% on current figures, and rental yield reads 8.24% at a $319,999 purchase. Equity gained on principal adds $2,065/yr, and 5% annual appreciation supports $88,410 over five years. Five-year ROI reaches 107.97% and total cumulative return in cash sums $114,531. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $2,198/mo property income instead of your personal income.

Single Family

Built in 1980

0.28 Acres lot

$N/A/sqft

No HOA