26 S Lanier AveFort MeadeFL33841
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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
Investment property for sale in Fort Meade at 26 S Lanier Ave, Fort Meade, FL, 33841 offers a 8.75% rental yield on a $274,900 purchase with $2,005/mo rent. Total monthly income registers $2,005/mo, and a $1,346/mo payment leaves $181/mo available for distribution. Annual cash flow reaches $2,175/yr on $91,129 to close, and return on cash invested stands at 22.3% in year one. Equity gained on principal adds $1,774/yr while 5% annual appreciation supports $75,950 over five years. Portfolio math shows five-year ROI at 116.26% and total cumulative return in cash at $105,951. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $2,005/mo property income against a $1,346/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1947
0.55 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 33841, Fort Meade, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,643 (100%) |
| Owner Occupied HU | 2,300 (63.1%) |
| Renter Occupied HU | 619 (17.0%) |
| Vacant Housing Units | 724 (19.9%) |
| Median Home Value | $148,571 |
| Average Home Value | $215,389 |
Housing Distribution
Address Breakdown
Residential
3,393
Single Family
3,217
Multi-Family
176
Businesses
207
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Listed by: Jenni Thompson • KELLER WILLIAMS REALTY SMART
Mls Name: Stellar MLS
Mls ID: #L4955338