37 Silver Doctor LnLake WalesFL33898
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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
Investment property for sale in Lake Wales at 37 Silver Doctor Ln, Lake Wales, FL, 33898 with 5% annual appreciation on a $149,900 basis while $1,162/mo rent supports operations. Total monthly income totals $1,162/mo and a $734/mo payment preserves $167/mo for cash returns. Annual cash flow comes to $2,003/yr on $49,692 deployed, and return on cash invested reaches 23.94% in year one. Equity gained on principal adds $967/yr, and five-year appreciation sums $41,415 alongside rental yield of 9.3%. Five-year ROI measures 125.04% and total cumulative return in cash totals $62,135.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $1,162/mo property income versus a $734/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 2004
4,818 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 33898, Lake Wales, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 9,977 (100%) |
| Owner Occupied HU | 5,967 (59.8%) |
| Renter Occupied HU | 1,521 (15.2%) |
| Vacant Housing Units | 2,489 (24.9%) |
| Median Home Value | $264,397 |
| Average Home Value | $297,827 |
Housing Distribution
Address Breakdown
Residential
8,631
Single Family
7,356
Multi-Family
1,275
Businesses
180
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Listed by: Ken Welch • CENTURY 21 MYERS REALTY LAKE WALES
Mls Name: Stellar MLS
Mls ID: #P4936565