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Price: $300K - 500K
Monthly Cash Flow: 1 - 3k+
Home Type: Single Family
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A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |
Investment property for sale in Lakeland at 4839 Cranberry Way, Lakeland, FL, 33811 at $368,600 posts ROI 25.96% with $616/mo cash flow from $3,102/mo rent. Total monthly income equals $3,102/mo, and annual cash flow records $7,392/yr on $122,191 to close. Return on cash invested measures 25.96% and rental yield reads 10.1% at the current $368,600. Equity gained on principal adds $2,379/yr, and 5% annual appreciation supports $101,837 by year five. Five-year ROI prints 136.05% and total cumulative return in cash totals $166,245.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $3,102/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 2024
4,791 sqft lot
$N/A/sqft
$40 monthly HOA
Neighborhood data shown for ZIP Code: 33811, Lakeland, FL area.
| 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 |
Residential
11,509
Single Family
9,579
Multi-Family
1,930
Businesses
603
Date | Event | Price |
|---|---|---|
| 2024-08-23 | Price change | $368,600 |
| 2024-05-08 | Pending sale | $352,999 |
| 2024-05-02 | Price change | $361,600 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2023-08-31 | N/A | N/A | N/A | N/A |
Listed by: Paul King • DR HORTON REALTY OF CENTRAL FLORIDA LLC
Mls Name: Stellar MLS
Mls Provider:
Mls ID: #O6173968
Disclaimer: IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed. Some IDX listings have been excluded from this website. Listing Information presented by local MLS brokerage: Zillow, Inc - (407) 904-3511
