427 El Dorado StLakelandFL33809
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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 Lakeland at 427 El Dorado St, Lakeland, FL, 33809 priced at $287,000 converts $1,890/mo rent into after a $1,405/mo obligation. Total monthly income equals $1,890/mo. Return on cash invested prints 19.72% in year one, and rental yield reads 7.9% against a $287,000 entry. Equity gained on principal adds $1,852/yr, while 5% annual appreciation compiles into $79,293 by year five. Five-year ROI reaches 102.47% and total cumulative return in cash sums $97,486. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $1,890/mo property income covering a $1,405/mo payment, not borrower’s personal income.
Single Family
Built in 1980
0.33 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 33809, Lakeland, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 13,530 (100%) |
| Owner Occupied HU | 8,941 (66.1%) |
| Renter Occupied HU | 3,734 (27.6%) |
| Vacant Housing Units | 855 ( 6.3%) |
| Median Home Value | $320,715 |
| Average Home Value | $343,826 |
Housing Distribution
Address Breakdown
Residential
13,079
Single Family
11,016
Multi-Family
2,063
Businesses
681
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