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Price: $300K - 500K
Monthly Cash Flow: 1 - 3k+
Home Type: Single Family
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A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |
Investment property for sale in Lakeland at 2845 Sheldon St, Lakeland, FL, 33813 with 5% annual appreciation on a $499,000 basis while $2,951/mo rent supports operations. 09% in year one. Equity gained on principal adds $3,220/yr, and five-year appreciation sums $137,865 alongside rental yield of 7.1%. Five-year ROI measures 88.35% and total cumulative return in cash totals $146,154. Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $2,951/mo property income versus a $2,442/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 2014
10,001 sqft lot
$N/A/sqft
$29 monthly HOA
Neighborhood data shown for ZIP Code: 33813, Lakeland, FL area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 14,841 (100%) |
| Owner Occupied HU | 11,809 (79.6%) |
| Renter Occupied HU | 2,470 (16.6%) |
| Vacant Housing Units | 562 ( 3.8%) |
| Median Home Value | $391,026 |
| Average Home Value | $439,689 |
Residential
14,667
Single Family
12,943
Multi-Family
1,724
Businesses
881
Date | Event | Price |
|---|---|---|
| 2024-11-23 | Listed for sale | $499,000 |
| 2014-05-16 | Sold | $32,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2023-12-26 | $2315.59 | 2.36% | $216,204 | 3.00% |
| 2022-12-26 | $2262.12 | -0.63% | $209,907 | 3.00% |
| 2021-12-26 | $2276.43 | 0.81% | $203,793 | 1.40% |
Listed by: Kristin Kellin • KELLER WILLIAMS REALTY SMART
Mls Name: Stellar MLS
Mls Provider:
Mls ID: #L4949034
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
