5016 Forest Crest DrLakelandFL33810
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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 Lakeland at 5016 Forest Crest Dr, Lakeland, FL, 33810 offers a 9.33% rental yield on a $212,000 purchase with $1,649/mo rent. Total monthly income registers $1,649/mo, and a $1,038/mo payment leaves $129/mo available for distribution. Annual cash flow reaches $1,551/yr on $70,278 to close, and return on cash invested stands at 22.12% in year one. Equity gained on principal adds $1,368/yr while 5% annual appreciation supports $58,572 over five years. Portfolio math shows five-year ROI at 116% and total cumulative return in cash at $81,523. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,649/mo property income against a $1,038/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Manufactured
Built in 1989
4,800 sqft lot
$N/A/sqft
$74 monthly HOA
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Listed by: Martha Harrison • REMAX EXPERTS
Mls Name: Stellar MLS
Mls Provider:
Mls ID: #L4951944
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