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Price: $300K - 500K
Monthly Cash Flow: 1 - 3k+
Home Type: Single Family
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A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |
Investment property for sale in Lakeland at 3538 Oakland Rd S, Lakeland, FL, 33801 at $420,000 posts ROI 13.01% with from $1,987/mo rent. Total monthly income equals $1,987/mo. Return on cash invested measures 13.01% and rental yield reads 5.68% at the current $420,000. Equity gained on principal adds $2,710/yr, and 5% annual appreciation supports $116,038 by year five. Five-year ROI prints 66.45% and total cumulative return in cash totals $92,515. You can finance with Ziffy Mortgage’s DSCR loan, which relies on $1,987/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Manufactured
Built in 1988
1.46 Acres lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 33801, Lakeland, FL area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 16,133 (100%) |
| Owner Occupied HU | 7,444 (46.1%) |
| Renter Occupied HU | 6,890 (42.7%) |
| Vacant Housing Units | 1,799 (11.2%) |
| Median Home Value | $166,611 |
| Average Home Value | $218,447 |
Residential
14,299
Single Family
11,614
Multi-Family
2,685
Businesses
1,518
Date | Event | Price |
|---|---|---|
| 2024-10-21 | Listed for sale | $420,000 |
| 2024-09-24 | Pending sale | $420,000 |
| 2024-09-16 | Listed for sale | $420,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2023-12-25 | $956.31 | 12.54% | $62,836 | 5.03% |
| 2022-12-25 | $849.75 | 18.31% | $59,826 | 4.94% |
| 2021-12-25 | $718.21 | 5.35% | $57,011 | 3.64% |
Listed by: Cindy Alderman • CENTURY 21 COASTAL ALLIANCE
Mls Name: Stellar MLS
Mls Provider:
Mls ID: #TB8303626
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
