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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% |
Rental property for sale in Lakeland at 4872 Cranberry Way, Lakeland, FL, 33811 priced at $330,600 pairs $3,102/mo rent with $868/mo cash flow after a $1,618/mo payment. Total monthly income equals $3,102/mo, and annual cash flow comes to $10,418/yr on $109,594 invested. Return on cash invested is 29.42% in year one, and rental yield stands at 11.26% on a $330,600 basis. Equity gained on principal adds $2,133/yr, and 5% annual appreciation accumulates to $91,339 by year five. Five-year ROI measures 154.6% and total cumulative return in cash reaches $169,435. For financing, Ziffy Mortgage’s DSCR program evaluates $3,102/mo property income against a $1,618/mo payment instead of your W2s, 1099s, or 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 | $330,600 |
| 2024-08-06 | Pending sale | $317,990 |
| 2024-07-31 | Price change | $317,990 |
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: #O6218201
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
