2515 George Wheeler RdLakelandFL33810
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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 Lakeland at 2515 George Wheeler Rd, Lakeland, FL, 33810 generates $2,388/mo in rent, after a $8,272/mo payment. Total monthly income is $2,388/mo. Return on cash invested sits at 1.02% in year one, and rental yield is 1.7% on a $1,690,000 entry. Equity gained on principal adds $10,905/yr, while 5% annual appreciation builds toward $466,916 over five years. Five-year ROI reaches 2.08% and total cumulative return in cash sums $11,364. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,388/mo property income rather than buyer’s personal income.
Manufactured
Built in 2001
18.75 Acres lot
$N/A/sqft
No HOA
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Listed by: Tony Acosta • CENTURY 21 MYERS REALTY
Mls Name: Stellar MLS
Mls Provider:
Mls ID: #L4951886
Disclaimer: IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed. Some IDX listings have been excluded from this website. Listing Information presented by local MLS brokerage: Zillow, Inc - (407) 904-3511