521 Lone Palm DrLakelandFL33815
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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 521 Lone Palm Dr, Lakeland, FL, 33815 priced at $674,500 converts $2,803/mo rent into after a $3,301/mo obligation. Total monthly income equals $2,803/mo. Return on cash invested prints 11.01% in year one, and rental yield reads 4.99% against a $674,500 entry. Equity gained on principal adds $4,352/yr, while 5% annual appreciation compiles into $186,352 by year five. Five-year ROI reaches 55.72% and total cumulative return in cash sums $123,650. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $2,803/mo property income covering a $3,301/mo payment, not borrower’s personal income.
Single Family
Built in 1972
0.79 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 33815, Lakeland, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 7,876 (100%) |
| Owner Occupied HU | 3,784 (48.0%) |
| Renter Occupied HU | 2,810 (35.7%) |
| Vacant Housing Units | 1,282 (16.3%) |
| Median Home Value | $66,466 |
| Average Home Value | $172,967 |
Housing Distribution
Address Breakdown
Residential
6,830
Single Family
5,629
Multi-Family
1,201
Businesses
573
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