2400 Buck Board TrlLake WalesFL33898
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
Investment Highlights
Investment property for sale in Lake Wales at 2400 Buck Board Trl, Lake Wales, FL, 33898 uses $34,194 cash to close to unlock $12,086/yr annual cash flow and $1,007/mo monthly cash flow. Total monthly income runs $1,723/mo, and a $505/mo payment keeps the spread at $1,007/mo. Purchase price stands at $103,149, and rental yield measures 20.04% with $1,723/mo rent. Return on cash invested shows 55.25% in year one, and 5% annual appreciation builds toward $28,498 over five years. Five-year ROI reaches 293.48% and total cumulative return in cash records $100,353. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,723/mo property income covering a $505/mo payment rather than investor’s personal income.
Manufactured
Built in 1998
0.54 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 33898, Lake Wales, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 9,977 (100%) |
| Owner Occupied HU | 5,967 (59.8%) |
| Renter Occupied HU | 1,521 (15.2%) |
| Vacant Housing Units | 2,489 (24.9%) |
| Median Home Value | $264,397 |
| Average Home Value | $297,827 |
Housing Distribution
Address Breakdown
Residential
8,631
Single Family
7,356
Multi-Family
1,275
Businesses
180
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: N/A • N/A
Mls Name: undefined
Mls ID: #N/A