4805 Colonnades Cir E, Lakeland, FL, 33811 | $130/mo Cash Flow

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4805 Colonnades Cir E, Lakeland, FL, 33811 | $130/mo Cash Flow | Ziffy

For Sale

Motivated Seller

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 4805 Colonnades Cir E, Lakeland, FL, 33811 listed at $125,000 pairs $960/mo rent with a $612/mo payment to leave $130/mo cash flow. Total monthly income runs $960/mo, and annual cash flow reaches $1,563/yr on $41,438 cash to close. Return on cash invested measures 23.68% in year one, and rental yield registers 9.22% at a $125,000 basis. Equity gained on principal adds $807/yr, and annual property appreciation at 5% supports $34,535 by year five. Five-year ROI tracks 123.75% and total cumulative return in cash totals $51,281. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $960/mo property income relative to a $612/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).

Manufactured

Built in 1985

6,534 sqft lot

$N/A/sqft

No HOA

More details about the property

***Just Reduced*** MOTIVATED SELLER ***Spacious Corner Lot Home with Great Potential in a 55+ Community! Located in a desirable area, this 2-bedroom, 2-bathroom home sits on a prime corner lot and offers generous space both inside and out. The oversized lanai is perfect for relaxing and watching the activity within the community. Expecting guest? No problem! Enjoy plenty of parking with two separate drivewaysone featuring a carport that fits two cars end-to-end, and the other leading to a one-car garage. Inside, the large kitchen offers ample room for cooking and entertaining, complete with a formal dining area. The primary bedroom includes an ensuite bathroom and abundant closet space. Laundry is conveniently located in the shed, helping keep the interior cool when the dryer is in use. Some appliances have been recently updated. With just a little TLC, this home could shine once againan ideal opportunity for the savvy buyer. The seller is motivated and ready to move on to the next chapter of her life. Dont miss out on this one!

Neighborhood Data

Neighborhood data shown for ZIP Code: 33811, Lakeland, FL area.

Housing Distribution

Housing Statistics

Category	Value
Total HU (Housing Units)	11,839 (100%)
Owner Occupied HU	8,839 (74.7%)
Renter Occupied HU	2,487 (21.0%)
Vacant Housing Units	513 ( 4.3%)
Median Home Value	$381,227
Average Home Value	$421,922