239 Tyler StLake WalesFL33859
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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
Rental property for sale in Lake Wales at 239 Tyler St, Lake Wales, FL, 33859 offers $2,005/mo rent that, after a $1,076/mo payment, leaves $546/mo cash flow. Total monthly income is $2,005/mo, and annual cash flow is $6,552/yr on $72,897 cash. Return on cash invested measures 28.9% in year one, and rental yield stands at 10.94% at a $219,900 entry. Equity gained on principal adds $1,419/yr while 5% annual appreciation compounds into $60,754 by year five. Five-year ROI records 151.7% and total cumulative return in cash reaches $110,584. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $2,005/mo property income versus a $1,076/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 1959
9,862 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 33859, Lake Wales, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 6,900 (100%) |
| Owner Occupied HU | 4,212 (61.0%) |
| Renter Occupied HU | 1,592 (23.1%) |
| Vacant Housing Units | 1,096 (15.9%) |
| Median Home Value | $272,083 |
| Average Home Value | $311,644 |
Housing Distribution
Address Breakdown
Residential
5,567
Single Family
4,994
Multi-Family
573
Businesses
573
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Listed by: Christopher Gravel • WESTLAKE REAL ESTATE CO., INC.
Mls Name: Stellar MLS
Mls ID: #K4903066