4683 Devonwood Ct #736LakelandFL33801
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 Lakeland at 4683 Devonwood Ct #736, Lakeland, FL, 33801 earns $208/mo cash flow from $1,462/mo rent with a $925/mo payment. Total monthly income totals $1,462/mo, and annual cash flow totals $2,494/yr on $62,654 capital. ROI tracks 23.89% on current figures, and rental yield reads 9.28% at a $189,000 purchase. Equity gained on principal adds $1,220/yr, and 5% annual appreciation supports $52,217 over five years. Five-year ROI reaches 124.78% and total cumulative return in cash sums $78,178. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $1,462/mo property income instead of your personal income.
Manufactured
Built in 2021
N/A lot
$N/A/sqft
No 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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices