4295 Summer Landing Dr APT 306LakelandFL33810
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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
Total monthly income runs $1,762/mo, and a $979/mo payment. Purchase price stands at $200,000, and rental yield measures 10.57% with $1,762/mo rent. Return on cash invested shows 19.03% in year one, and 5% annual appreciation builds toward $55,256 over five years. Five-year ROI reaches 101.93% and total cumulative return in cash records $67,580. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,762/mo property income covering a $979/mo payment rather than investor’s personal income.
Condo
Built in 2006
497 sqft lot
$N/A/sqft
$483 monthly HOA
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Listed by: Michael Dudley • HOPKEY REALTY
Mls Name: Stellar MLS
Mls Provider:
Mls ID: #O6301964
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