3415 Narrows DrLakelandFL33810
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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 3415 Narrows Dr, Lakeland, FL, 33810 priced at $375,762 converts $2,219/mo rent into after a $1,839/mo obligation. Total monthly income equals $2,219/mo. Return on cash invested prints 16.33% in year one, and rental yield reads 7.09% against a $375,762 entry. Equity gained on principal adds $2,425/yr, while 5% annual appreciation compiles into $103,816 by year five. Five-year ROI reaches 84.58% and total cumulative return in cash sums $105,362. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $2,219/mo property income covering a $1,839/mo payment, not borrower’s personal income.
Single Family
Built in 2024
7,405 sqft lot
$N/A/sqft
$97 monthly HOA
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Nearby investment properties with comparable prices
Listed by: Tara Garkowski • KELLER WILLIAMS ADVANTAGE REALTY
Mls Name: Stellar MLS
Mls Provider:
Mls ID: #O6250823
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