445 Enclave Pl #445, Lakeland, FL, 33803 | $907/mo Cash Flow

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Monthly Cash Flow: 1 - 3k+

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445 Enclave Pl #445, Lakeland, FL, 33803 | $907/mo Cash Flow | Ziffy

For Sale

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

Investment property for sale in Lakeland at 445 Enclave Pl #445, Lakeland, FL, 33803 listed at $315,500 pairs $3,000/mo rent with a $1,544/mo payment to leave $907/mo cash flow. Total monthly income runs $3,000/mo, and annual cash flow reaches $10,878/yr on $104,588 cash to close. Return on cash invested measures 30.31% in year one, and rental yield registers 11.41% at a $315,500 basis. Equity gained on principal adds $2,036/yr, and annual property appreciation at 5% supports $87,167 by year five. Five-year ROI tracks 159.22% and total cumulative return in cash totals $166,530. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $3,000/mo property income relative to a $1,544/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).

Condo

Built in 1995

896 sqft lot

$N/A/sqft

No HOA

More details about the property

Beautifully updated 2BR/2BA condo overlooking the fairway at Grasslands Golf & Country Club. This second-floor unit offers 1,448 sq ft of living space and features a former porch that has been fully enclosed and seamlessly integrated into the homes interior, complete with heating and air conditioning with impact windows for year-round comfort, perfect for enjoying serene golf course views. The master bath includes Keene Design Cabinetry, while the kitchen and second bath have been renovated with Valcourt Cabinetry all with white quartz countertops. The laundry closet has been rewired to accommodate a washer and dryer. Additional upgrades include a programmable thermostat, updated plumbing in the bathrooms and kitchen, AC replaced in 2016 with regular maintenance, water heater from 2014, and a new roof in 2016. Renovated with quality finishes well above area standards, this home offers exceptional value. Just a short walk to the clubhouse and practice facility (membership required), and conveniently located near Lakeside Village, Oakbridge shopping, parks, and the Polk Parkway. Move-in ready in one of Lakelands most desirable gated golf communities. A Satisfactory 4-point has been done.

Neighborhood Data

Neighborhood data shown for ZIP Code: 33803, Lakeland, FL area.

Housing Distribution

Housing Statistics

Category	Value
Total HU (Housing Units)	14,347 (100%)
Owner Occupied HU	7,920 (55.2%)
Renter Occupied HU	4,890 (34.1%)
Vacant Housing Units	1,537 (10.7%)
Median Home Value	$328,145
Average Home Value	$368,084