2339 Peavine Cir #1010LakelandFL33810
INVESTMENT ANALYSIS
Investment Verdict
Strong Cash FlowInvestors targeting immediate dollar income will find 2339 Peavine Cir #1010, Lakeland, FL, 33810 in Lakeland hard to pass up. The 19.65% gross yield on a $119,000 purchase results in $1,949/mo in rent and $1,159/mo in net cash, well above the spread required for Ziffy Mortgage's DSCR qualification (3.64). Annual cash flow of $13,909, five-year appreciation of $32,878, and $1,096/yr in equity build-up combine for a projected total cumulative return of $119,981.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 19.7% | 7.0% |
| Monthly Cash Flow | $1,159 | $1,500 |
City averages based on Lakeland market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $1,949 |
| Total Monthly Debt Service | $742 |
| DSCR Ratio | 2.63x |
Ziffy Mortgage: Your DSCR most likely meets our 1.0+ requirement, so you'll most probably qualify for our standard DSCR investment loan program. To pre-qualify, book time with your loan officer →
Estimates assume 6.0% rate / 30-yr fixed, 30% down, 1% tax, 0.5% insurance. Not a commitment to lend.
Manufactured
Built in 2013
N/A lot
$N/A/sqft
No HOA
Nearby investment properties with comparable rents
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
Manufactured
Built in 2013
N/A lot
$N/A/sqft
No HOA
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices