5316 Dorman RdLakelandFL33813
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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 5316 Dorman Rd, Lakeland, FL, 33813 uses $91,163 cash to close to unlock $6,610/yr annual cash flow and $551/mo monthly cash flow. Total monthly income runs $2,459/mo, and a $1,346/mo payment keeps the spread at $551/mo. Purchase price stands at $275,000, and rental yield measures 10.73% with $2,459/mo rent. Return on cash invested shows 27.16% in year one, and 5% annual appreciation builds toward $75,977 over five years. Five-year ROI reaches 142.7% and total cumulative return in cash records $130,091. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,459/mo property income covering a $1,346/mo payment rather than investor’s personal income.
Single Family
Built in 1974
0.32 Acres lot
$N/A/sqft
No 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: Ashley Frazier • DALTON WADE INC
Mls Name: Stellar MLS
Mls Provider:
Mls ID: #TB8393119
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