452 Hennepin LoopLake WalesFL33898
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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
Investment property for sale in Lake Wales at 452 Hennepin Loop, Lake Wales, FL, 33898 at $280,000 posts ROI 19.1% with from $1,795/mo rent. Total monthly income equals $1,795/mo. Return on cash invested measures 19.1% and rental yield reads 7.69% at the current $280,000. Equity gained on principal adds $1,807/yr, and 5% annual appreciation supports $77,359 by year five. Five-year ROI prints 99.12% and total cumulative return in cash totals $92,001. You can finance with Ziffy Mortgage’s DSCR loan, which relies on $1,795/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 2024
9,779 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 33898, Lake Wales, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 9,977 (100%) |
| Owner Occupied HU | 5,967 (59.8%) |
| Renter Occupied HU | 1,521 (15.2%) |
| Vacant Housing Units | 2,489 (24.9%) |
| Median Home Value | $264,397 |
| Average Home Value | $297,827 |
Housing Distribution
Address Breakdown
Residential
8,631
Single Family
7,356
Multi-Family
1,275
Businesses
180
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Listed by: Michael Garcia • LPT REALTY, LLC
Mls Name: Stellar MLS
Mls ID: #O6371627