425 Kissimmee AveLake WalesFL33853
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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
Rental property for sale in Lake Wales at 425 Kissimmee Ave, Lake Wales, FL, 33853 generates $1,016/mo in rent and, after a $636/mo payment, leaves $154/mo in cash flow. Total monthly income is $1,016/mo, and annual cash flow is $1,843/yr on $43,095 invested. Return on cash invested sits at 24.19% in year one, and rental yield is 9.38% on a $130,000 entry. Equity gained on principal adds $839/yr, while 5% annual appreciation builds toward $35,917 over five years. Five-year ROI reaches 126.4% and total cumulative return in cash sums $54,471. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,016/mo property income rather than buyer’s personal income.
Single Family
Built in 1930
9,248 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 33853, Lake Wales, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 5,290 (100%) |
| Owner Occupied HU | 2,614 (49.4%) |
| Renter Occupied HU | 2,091 (39.5%) |
| Vacant Housing Units | 585 (11.1%) |
| Median Home Value | $262,414 |
| Average Home Value | $297,182 |
Housing Distribution
Address Breakdown
Residential
4,964
Single Family
4,540
Multi-Family
424
Businesses
582
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Listed by: Teri Hunter • CENTURY 21 MYERS REALTY
Mls Name: Stellar MLS
Mls ID: #P4936906