301 Weaver AveLake WalesFL33853
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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 Wales at 301 Weaver Ave, Lake Wales, FL, 33853 with 5% annual appreciation on a $181,000 basis while $1,196/mo rent supports operations. 8% in year one. Equity gained on principal adds $1,168/yr, and five-year appreciation sums $50,007 alongside rental yield of 7.93%. Five-year ROI measures 102.87% and total cumulative return in cash totals $61,723. Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $1,196/mo property income versus a $886/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 1920
7,405 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 33853, Lake Wales, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 5,290 (100%) |
| Owner Occupied HU | 2,614 (49.4%) |
| Renter Occupied HU | 2,091 (39.5%) |
| Vacant Housing Units | 585 (11.1%) |
| Median Home Value | $262,414 |
| Average Home Value | $297,182 |
Housing Distribution
Address Breakdown
Residential
4,964
Single Family
4,540
Multi-Family
424
Businesses
582
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Listed by: Kyle Sargent • BETTER HOMES & GARDENS REAL ESTATE LIFESTYLES REAL
Mls Name: Stellar MLS
Mls Provider:
Mls ID: #L4954028
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