28 Big Pine RdLake PlacidFL33852
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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 Lake Placid at 28 Big Pine Rd, Lake Placid, FL, 33852 listed at $169,000 pairs $1,282/mo rent with a $827/mo payment to leave $161/mo cash flow. Total monthly income runs $1,282/mo, and annual cash flow reaches $1,928/yr on $56,024 cash to close. Return on cash invested measures 23.35% in year one, and rental yield registers 9.1% at a $169,000 basis. Equity gained on principal adds $1,091/yr, and annual property appreciation at 5% supports $46,692 by year five. Five-year ROI tracks 121.89% and total cumulative return in cash totals $68,287. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $1,282/mo property income relative to a $827/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Manufactured
Built in 1974
0.25 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 |
Housing Distribution
Address Breakdown
Residential
12,137
Single Family
11,465
Multi-Family
672
Businesses
523
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Listed by: Christopher Duncan • BRANTLEY PROPERTIES INC.
Mls Name: HFMLS
Mls ID: #315010
Disclaimer: Copyright Heartland Association of Realtors. All rights reserved. Information is deemed reliable but not guaranteed.