4839 Cranberry WayLakelandFL33811
INVESTMENT ANALYSIS
Investment Verdict
Strong Cash FlowInvestors targeting immediate dollar income will find 4839 Cranberry Way, Lakeland, FL, 33811 in Lakeland hard to pass up. The 10.1% gross yield on a $368,600 purchase results in $3,102/mo in rent and $616/mo in net cash, well above the spread required for Ziffy Mortgage's DSCR qualification (1.87). Annual cash flow of $7,391, five-year appreciation of $101,837, and $3,395/yr in equity build-up combine for a projected total cumulative return of $180,379.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 10.1% | 7.0% |
| Monthly Cash Flow | $616 | $1,500 |
City averages based on Lakeland market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $3,102 |
| Total Monthly Debt Service | $2,339 |
| DSCR Ratio | 1.33x |
Ziffy Mortgage: Your DSCR most likely meets our 1.0+ requirement, so you'll most probably qualify for our standard DSCR investment loan program. To pre-qualify, book time with your loan officer →
Estimates assume 6.0% rate / 30-yr fixed, 30% down, 1% tax, 0.5% insurance. Not a commitment to lend.
Single Family
Built in 2024
4,791 sqft lot
$N/A/sqft
$40 monthly HOA
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 |
Housing Distribution
Address Breakdown
Residential
11,509
Single Family
9,579
Multi-Family
1,930
Businesses
603
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
Single Family
Built in 2024
4,791 sqft lot
$N/A/sqft
$40 monthly HOA
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 |
Housing Distribution
Address Breakdown
Residential
11,509
Single Family
9,579
Multi-Family
1,930
Businesses
603
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices