4669 Devonwood Ct #740LakelandFL33801
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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 Lakeland at 4669 Devonwood Ct #740, Lakeland, FL, 33801 earns $234/mo cash flow from $1,528/mo rent with a $954/mo payment. Total monthly income totals $1,528/mo, and annual cash flow totals $2,812/yr on $64,643 capital. ROI tracks 24.26% on current figures, and rental yield reads 9.4% at a $195,000 purchase. Equity gained on principal adds $1,258/yr, and 5% annual appreciation supports $53,875 over five years. Five-year ROI reaches 126.79% and total cumulative return in cash sums $81,958. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $1,528/mo property income instead of your personal income.
Manufactured
Built in 2021
N/A lot
$N/A/sqft
Has HOA fee HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 33801, Lakeland, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 16,133 (100%) |
| Owner Occupied HU | 7,444 (46.1%) |
| Renter Occupied HU | 6,890 (42.7%) |
| Vacant Housing Units | 1,799 (11.2%) |
| Median Home Value | $166,611 |
| Average Home Value | $218,447 |
Housing Distribution
Address Breakdown
Residential
14,299
Single Family
11,614
Multi-Family
2,685
Businesses
1,518
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