4244 Nandina StLake 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 4244 Nandina St, Lake Wales, FL, 33898 earns $251/mo cash flow from $1,762/mo rent with a $1,013/mo payment. Total monthly income totals $1,762/mo, and annual cash flow totals $3,008/yr on $68,621 capital. ROI tracks 24.29% on current figures, and rental yield reads 10.21% at a $207,000 purchase. Equity gained on principal adds $1,336/yr, and 5% annual appreciation supports $57,190 over five years. Five-year ROI reaches 127.83% and total cumulative return in cash sums $87,718. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $1,762/mo property income instead of your personal income.
Manufactured
Built in 2020
5,441 sqft lot
$N/A/sqft
$60 monthly 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: Karen Branch • FLORIDA REALTY MARKETPLACE
Mls Name: Stellar MLS
Mls Provider:
Mls ID: #P4934462
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