34 Pinecrest St, Lake Placid, FL, 33852 | $96/mo Cash Flow

For Sale

Ziffy Mortgage

NMLS #2625701

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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

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Investment Highlights

Rental property for sale in Lake Placid at 34 Pinecrest St, Lake Placid, FL, 33852 priced at $144,900 pairs $1,150/mo rent with $96/mo cash flow after a $709/mo payment. Total monthly income equals $1,150/mo, and annual cash flow comes to $1,148/yr on $48,034 invested. Return on cash invested is 22.3% in year one, and rental yield stands at 9.52% on a $144,900 basis. Equity gained on principal adds $935/yr, and 5% annual appreciation accumulates to $40,033 by year five. Five-year ROI measures 117.12% and total cumulative return in cash reaches $56,257. For financing, Ziffy Mortgage’s DSCR program evaluates $1,150/mo property income against a $709/mo payment instead of your W2s, 1099s, or Tax returns.

Manufactured

Built in 1989

5,479 sqft lot

$N/A/sqft

$93 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