326 Martin DrLakelandFL33805
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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 Lakeland at 326 Martin Dr, Lakeland, FL, 33805 priced at $139,900 converts $1,098/mo rent into $169/mo cash flow after a $685/mo obligation. Total monthly income equals $1,098/mo, and annual cash flow totals $2,032/yr on $46,377 invested. Return on cash invested prints 24.29% in year one, and rental yield reads 9.42% against a $139,900 entry. Equity gained on principal adds $903/yr, while 5% annual appreciation compiles into $38,652 by year five. Five-year ROI reaches 126.97% and total cumulative return in cash sums $58,887. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $1,098/mo property income covering a $685/mo payment, not borrower’s personal income.
Manufactured
Built in 1976
7,558 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 33805, Lakeland, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 11,939 (100%) |
| Owner Occupied HU | 5,346 (44.8%) |
| Renter Occupied HU | 5,621 (47.1%) |
| Vacant Housing Units | 972 ( 8.1%) |
| Median Home Value | $208,779 |
| Average Home Value | $240,920 |
Housing Distribution
Address Breakdown
Residential
11,165
Single Family
7,516
Multi-Family
3,649
Businesses
479
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