485 D StLake WalesFL33853
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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 Lake Wales at 485 D St, Lake Wales, FL, 33853 at $299,999 posts ROI 10.64% with from $1,222/mo rent. Total monthly income equals $1,222/mo. Return on cash invested measures 10.64% and rental yield reads 4.89% at the current $299,999. Equity gained on principal adds $1,936/yr, and 5% annual appreciation supports $82,884 by year five. Five-year ROI prints 53.72% and total cumulative return in cash totals $53,424. You can finance with Ziffy Mortgage’s DSCR loan, which relies on $1,222/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 1960
6,969 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 33853, Lake Wales, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 5,290 (100%) |
| Owner Occupied HU | 2,614 (49.4%) |
| Renter Occupied HU | 2,091 (39.5%) |
| Vacant Housing Units | 585 (11.1%) |
| Median Home Value | $262,414 |
| Average Home Value | $297,182 |
Housing Distribution
Address Breakdown
Residential
4,964
Single Family
4,540
Multi-Family
424
Businesses
582
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Listed by: Alysa Casorla • EXIT KING REALTY
Mls Name: Exit Realty
Mls Provider:
Mls ID: #A4662599