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Price: $300K - 500K
Monthly Cash Flow: 1 - 3k+
Home Type: Single Family
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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 Lakeland at 5497 Siltstone St, Lakeland, FL, 33811 priced at $352,000 converts $2,689/mo rent into $227/mo cash flow after a $1,723/mo obligation. Total monthly income equals $2,689/mo, and annual cash flow totals $2,726/yr on $116,688 invested. Return on cash invested prints 22.25% in year one, and rental yield reads 9.17% against a $352,000 entry. Equity gained on principal adds $2,271/yr, while 5% annual appreciation compiles into $97,251 by year five. Five-year ROI reaches 116.46% and total cumulative return in cash sums $135,894. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $2,689/mo property income covering a $1,723/mo payment, not borrower’s personal income.
Single Family
Built in 2022
6,273 sqft lot
$N/A/sqft
$14 monthly HOA
Neighborhood data shown for ZIP Code: 33811, Lakeland, FL area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 11,839 (100%) |
| Owner Occupied HU | 8,839 (74.7%) |
| Renter Occupied HU | 2,487 (21.0%) |
| Vacant Housing Units | 513 ( 4.3%) |
| Median Home Value | $381,227 |
| Average Home Value | $421,922 |
Residential
11,509
Single Family
9,579
Multi-Family
1,930
Businesses
603
Date | Event | Price |
|---|---|---|
| 2025-01-29 | Price change | $352,000 |
| 2024-12-01 | Price change | $357,500 |
| 2024-11-01 | Listed for sale | $365,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2023-02-13 | $4472.66 | 429.31% | $287,932 | 525.94% |
| 2022-02-13 | $845.00 | 562.75% | $46,000 | 582.39% |
| 2021-02-13 | $127.50 | N/A | $6,741 | N/A |
Listed by: Azita Jones • COMPASS FLORIDA, LLC
Mls Name: Stellar MLS
Mls Provider:
Mls ID: #TB8316259
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
