4316 Carrabelle River Ln, Lakeland, FL, 33811 | $870/mo Cash Flow

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Price: $300K - 500K

Monthly Cash Flow: 1 - 3k+

Home Type: Single Family

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4316 Carrabelle River Ln, Lakeland, FL, 33811 | $870/mo Cash Flow | Ziffy

For Sale

Motivated Seller

Listed for sale 3 days ago

Ziffy Mortgage

NMLS #2625701

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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

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Investment Highlights

Rental property for sale in Lakeland at 4316 Carrabelle River Ln, Lakeland, FL, 33811 priced at $305,000 pairs $2,894/mo rent with $870/mo cash flow after a $1,493/mo payment. Total monthly income equals $2,894/mo, and annual cash flow comes to $10,437/yr on $101,108 invested. Return on cash invested is 30.23% in year one, and rental yield stands at 11.39% on a $305,000 basis. Equity gained on principal adds $1,968/yr, and 5% annual appreciation accumulates to $84,266 by year five. Five-year ROI measures 158.79% and total cumulative return in cash reaches $160,546. For financing, Ziffy Mortgage’s DSCR program evaluates $2,894/mo property income against a $1,493/mo payment instead of your W2s, 1099s, or Tax returns.

Single Family

Built in 2023

6,965 sqft lot

$N/A/sqft

No HOA

More details about the property

Short Sale. BANK APPROVED Short Sale Opportunity! Spacious 5-Bedroom, 3-Bathroom Home in Lakeland, FL 33811 Welcome to this exceptional short sale opportunity! Located in the highly sought-after area of Lakeland, FL, this spacious single-family home boasts 5 bedrooms and 3 full bathrooms, offering over 1,900 sq. ft. of living space. Perfect for large families or those in need of extra room, this home provides plenty of space for comfortable living and entertaining. Key Features: 5 Bedrooms: Ample space for family, guests, or a home office setup. 3 Full Bathrooms: Convenient and well-appointed for family or shared living. Generous Living Area: Open concept living room and dining areas for family gatherings. Large Kitchen: Kitchen with plenty of counter space, ideal for cooking and meal prep. Private Yard: Expansive outdoor area for relaxation or outdoor activities. Quiet Neighborhood: Located in a peaceful community with easy access to local amenities. This home is perfect for buyers looking for their dream home. The short sale process offers potential buyers an excellent opportunity to purchase at a reduced price. All offers are subject to lender approval. Don't miss out on this great deal in Lakelandschedule your showing today and bring your vision to life!

Neighborhood Data

Neighborhood data shown for ZIP Code: 33811, Lakeland, FL area.

Housing Distribution

Housing Statistics

Category	Value
Total HU (Housing Units)	11,839 (100%)
Owner Occupied HU	8,839 (74.7%)
Renter Occupied HU	2,487 (21.0%)
Vacant Housing Units	513 ( 4.3%)
Median Home Value	$381,227
Average Home Value	$421,922