2825 Lake June BlvdLake 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 2825 Lake June Blvd, Lake Placid, FL, 33852 offers a 10.17% rental yield on a $263,000 purchase with $2,228/mo rent. Total monthly income registers $2,228/mo, and a $1,287/mo payment leaves $179/mo available for distribution. Annual cash flow reaches $2,147/yr on $87,185 to close, and return on cash invested stands at 22.37% in year one. Equity gained on principal adds $1,697/yr while 5% annual appreciation supports $72,662 over five years. Portfolio math shows five-year ROI at 118.15% and total cumulative return in cash at $103,007. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $2,228/mo property income against a $1,287/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Condo
Built in 2006
1,733 sqft lot
$N/A/sqft
$304 monthly 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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Nearby investment properties with comparable prices
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