303 Lang RoadCloud LakeFL33406
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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
Rental property for sale in Cloud Lake at 303 Lang Road, Cloud Lake, FL, 33406 priced at $1,249,999 converts $4,615/mo rent into after a $6,118/mo obligation. Total monthly income equals $4,615/mo. Return on cash invested prints 9.47% in year one, and rental yield reads 4.43% against a $1,249,999 entry. Equity gained on principal adds $8,066/yr, while 5% annual appreciation compiles into $345,352 by year five. Five-year ROI reaches 47.34% and total cumulative return in cash sums $191,737. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $4,615/mo property income covering a $6,118/mo payment, not borrower’s personal income.
Single Family
Built in 1945
0.54 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 33406, West Palm Beach, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 10,033 (100%) |
| Owner Occupied HU | 6,314 (62.9%) |
| Renter Occupied HU | 3,162 (31.5%) |
| Vacant Housing Units | 557 ( 5.6%) |
| Median Home Value | $446,327 |
| Average Home Value | $529,750 |
Housing Distribution
Address Breakdown
Residential
9,641
Single Family
8,121
Multi-Family
1,520
Businesses
764
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Listed by: Steven T Koleno • Beycome of Florida LLC
Mls Name: BeachesMLS
Mls ID: #RX-11138767