24 Pinecrest St, Lake Placid, FL, 33852 | $75/mo Cash Flow

For Sale

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 Lake Placid at 24 Pinecrest St, Lake Placid, FL, 33852 listed at $149,000 pairs $1,168/mo rent with a $729/mo payment to leave $75/mo cash flow. Total monthly income runs $1,168/mo, and annual cash flow reaches $899/yr on $49,394 cash to close. Return on cash invested measures 21.73% in year one, and rental yield registers 9.41% at a $149,000 basis. Equity gained on principal adds $961/yr, and annual property appreciation at 5% supports $41,166 by year five. Five-year ROI tracks 114.1% and total cumulative return in cash totals $56,356. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $1,168/mo property income relative to a $729/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).

Manufactured

Built in 1978

5,793 sqft lot

$N/A/sqft

$102 monthly HOA

Neighborhood Data

Neighborhood data shown for ZIP Code: 33852, Lake Placid, FL area.

Housing Distribution

Housing Statistics

Category	Value
Total HU (Housing Units)	13,836 (100%)
Owner Occupied HU	8,147 (58.9%)
Renter Occupied HU	1,867 (13.5%)
Vacant Housing Units	3,822 (27.6%)
Median Home Value	$257,946
Average Home Value	$293,604