5394 River Rock RdLakelandFL33809
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
Rental property for sale in Lakeland at 5394 River Rock Rd, Lakeland, FL, 33809 generates $1,976/mo in rent and, after a $1,063/mo payment, leaves $196/mo in cash flow. Total monthly income is $1,976/mo, and annual cash flow is $2,354/yr on $72,002 invested. Return on cash invested sits at 23.18% in year one, and rental yield is 10.92% on a $217,200 entry. Equity gained on principal adds $1,402/yr, while 5% annual appreciation builds toward $60,008 over five years. Five-year ROI reaches 123.07% and total cumulative return in cash sums $88,616. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,976/mo property income rather than buyer’s personal income.
Condo
Built in 2006
696 sqft lot
$N/A/sqft
$258 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 33809, Lakeland, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 13,530 (100%) |
| Owner Occupied HU | 8,941 (66.1%) |
| Renter Occupied HU | 3,734 (27.6%) |
| Vacant Housing Units | 855 ( 6.3%) |
| Median Home Value | $320,715 |
| Average Home Value | $343,826 |
Housing Distribution
Address Breakdown
Residential
13,079
Single Family
11,016
Multi-Family
2,063
Businesses
681
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices