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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 Lake Alfred at 406 Sofia Ln, Lake Alfred, FL, 33850 offers a 8.07% rental yield on a $440,000 purchase with $2,958/mo rent. 46% in year one. Equity gained on principal adds $2,839/yr while 5% annual appreciation supports $121,564 over five years. Portfolio math shows five-year ROI at 96.3% and total cumulative return in cash at $140,458. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $2,958/mo property income against a $2,154/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 2022
5,497 sqft lot
$N/A/sqft
$12 monthly HOA
Neighborhood data shown for ZIP Code: 33850, Lake Alfred, FL area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 5,076 (100%) |
| Owner Occupied HU | 3,644 (71.8%) |
| Renter Occupied HU | 843 (16.6%) |
| Vacant Housing Units | 589 (11.6%) |
| Median Home Value | $276,374 |
| Average Home Value | $301,478 |
Residential
4,175
Single Family
3,832
Multi-Family
343
Businesses
239
Date | Event | Price |
|---|---|---|
| 2024-11-22 | Listed for sale | $440,000 |
| 2024-09-28 | Listing removed | $455,000 |
| 2024-09-19 | Price change | $455,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2023-02-13 | $6335.74 | 718.99% | $324,634 | 732.39% |
| 2022-02-13 | $773.60 | 387.61% | $39,000 | 407.15% |
| 2021-02-13 | $158.65 | N/A | $7,690 | N/A |
Listed by: Karlo Morell Santiago • LPT REALTY, LLC
Mls Name: Stellar MLS
Mls Provider:
Mls ID: #O6231226
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
