251 Pershing Ave, Lake Placid, FL, 33852 | $283/mo Cash Flow

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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

Rental property for sale in Lake Placid at 251 Pershing Ave, Lake Placid, FL, 33852 priced at $200,000 converts $1,610/mo rent into $283/mo cash flow after a $979/mo obligation. Total monthly income equals $1,610/mo, and annual cash flow totals $3,392/yr on $66,300 invested. Return on cash invested prints 25.03% in year one, and rental yield reads 9.66% against a $200,000 entry. Equity gained on principal adds $1,291/yr, while 5% annual appreciation compiles into $55,256 by year five. Five-year ROI reaches 130.89% and total cumulative return in cash sums $86,780. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $1,610/mo property income covering a $979/mo payment, not borrower’s personal income.

Single Family

Built in 2002

0.26 Acres lot

$N/A/sqft

No 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