5058 Cimarron DrLakelandFL33813
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
Investment Highlights
Investment property for sale in Lakeland at 5058 Cimarron Dr, Lakeland, FL, 33813 at $189,000 posts ROI 29.65% with $509/mo cash flow from $1,796/mo rent. Total monthly income equals $1,796/mo, and annual cash flow records $6,106/yr on $62,654 to close. Return on cash invested measures 29.65% and rental yield reads 11.4% at the current $189,000. Equity gained on principal adds $1,220/yr, and 5% annual appreciation supports $52,217 by year five. Five-year ROI prints 155.92% and total cumulative return in cash totals $97,690.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $1,796/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Multi Family
Built in 1988
5,502 sqft lot
$N/A/sqft
$33 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 33813, Lakeland, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 14,841 (100%) |
| Owner Occupied HU | 11,809 (79.6%) |
| Renter Occupied HU | 2,470 (16.6%) |
| Vacant Housing Units | 562 ( 3.8%) |
| Median Home Value | $391,026 |
| Average Home Value | $439,689 |
Housing Distribution
Address Breakdown
Residential
14,667
Single Family
12,943
Multi-Family
1,724
Businesses
881
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Listed by: Jill Bartley • AVERY PROPERTIES INC.
Mls Name: Stellar MLS
Mls Provider:
Mls ID: #L4949679
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