402 Oak Rdg ELakelandFL33801
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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 Lakeland at 402 Oak Rdg E, Lakeland, FL, 33801 at $226,900 posts ROI 22.59% with $168/mo cash flow from $1,674/mo rent. Total monthly income equals $1,674/mo, and annual cash flow records $2,014/yr on $75,217 to close. Return on cash invested measures 22.59% and rental yield reads 8.85% at the current $226,900. Equity gained on principal adds $1,464/yr, and 5% annual appreciation supports $62,688 by year five. Five-year ROI prints 117.79% and total cumulative return in cash totals $88,601.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $1,674/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Manufactured
Built in 1998
6,186 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 33801, Lakeland, FL area.
Housing Distribution
Housing Statistics
| 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 |
Housing Distribution
Address Breakdown
Residential
14,299
Single Family
11,614
Multi-Family
2,685
Businesses
1,518
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