435 Vanguard Ave NWLake PlacidFL33852
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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 Placid at 435 Vanguard Ave NW, Lake Placid, FL, 33852 earns $274/mo cash flow from $2,466/mo rent with a $1,615/mo payment. Total monthly income totals $2,466/mo, and annual cash flow totals $3,292/yr on $109,362 capital. ROI tracks 22.92% on current figures, and rental yield reads 8.97% at a $329,900 purchase. Equity gained on principal adds $2,129/yr, and 5% annual appreciation supports $91,145 over five years. Five-year ROI reaches 119.61% and total cumulative return in cash sums $130,803. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $2,466/mo property income instead of your personal income.
Single Family
Built in 2024
0.31 Acres lot
$N/A/sqft
$25 annually HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 33852, Lake Placid, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 13,836 (100%) |
| Owner Occupied HU | 8,147 (58.9%) |
| Renter Occupied HU | 1,867 (13.5%) |
| Vacant Housing Units | 3,822 (27.6%) |
| Median Home Value | $257,946 |
| Average Home Value | $293,604 |
Housing Distribution
Address Breakdown
Residential
12,137
Single Family
11,465
Multi-Family
672
Businesses
523
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Sylvia Barajas • CENTURY 21 Lake & Land Myers Realty
Mls Name: HFMLS
Mls ID: #309793
Disclaimer: Copyright Heartland Association of Realtors. All rights reserved. Information is deemed reliable but not guaranteed.