511 Glendale StLakelandFL33803
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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
Rental property for sale in Lakeland at 511 Glendale St, Lakeland, FL, 33803 priced at $408,000 pairs $2,378/mo rent with after a $1,997/mo payment. Total monthly income equals $2,378/mo. Return on cash invested is 16.98% in year one, and rental yield stands at 6.99% on a $408,000 basis. Equity gained on principal adds $2,633/yr, and 5% annual appreciation accumulates to $112,723 by year five. Five-year ROI measures 87.76% and total cumulative return in cash reaches $118,699. For financing, Ziffy Mortgage’s DSCR program evaluates $2,378/mo property income against a $1,997/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 1930
0.33 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 33803, Lakeland, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 14,347 (100%) |
| Owner Occupied HU | 7,920 (55.2%) |
| Renter Occupied HU | 4,890 (34.1%) |
| Vacant Housing Units | 1,537 (10.7%) |
| Median Home Value | $328,145 |
| Average Home Value | $368,084 |
Housing Distribution
Address Breakdown
Residential
13,625
Single Family
9,769
Multi-Family
3,856
Businesses
1,060
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