




A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |


Rental property for sale in Lake Alfred at 535 N Todhunter Way, Lake Alfred, FL, 33850 generates $4,092/mo in rent, after a $3,132/mo payment. Total monthly income is $4,092/mo. Return on cash invested sits at 18.1% in year one, and rental yield is 7.67% on a $640,000 entry. Equity gained on principal adds $4,130/yr, while 5% annual appreciation builds toward $176,820 over five years. Five-year ROI reaches 94.08% and total cumulative return in cash sums $198,090. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $4,092/mo property income rather than buyer’s personal income.
Single Family
Built in 1998
0.82 Acres lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 33850, Lake Alfred, FL area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 5,076 (100%) |
| Owner Occupied HU | 3,644 (71.8%) |
| Renter Occupied HU | 843 (16.6%) |
| Vacant Housing Units | 589 (11.6%) |
| Median Home Value | $276,374 |
| Average Home Value | $301,478 |
Residential
4,175
Single Family
3,832
Multi-Family
343
Businesses
239
Date | Event | Price |
|---|---|---|
| 2025-07-31 | Sold | $640,000 |
| 2025-06-20 | Pending sale | $675,000 |
| 2025-06-03 | Listed for sale | $675,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-10-11 | $7973.85 | -1.52% | $414,866 | -0.00% |
| 2023-10-11 | $8096.89 | 184.82% | $414,872 | 122.62% |
| 2022-10-11 | $2842.84 | -0.14% | $186,361 | 3.00% |



Listed by: Matt Mesimer • KELLER WILLIAMS REALTY SMART 1
Mls Name: Stellar MLS
Mls Provider:
Mls ID: #L4953461
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