5599 Freesia Dr, Lakeland, FL, 33811 | 6.22% Rental Yield

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5599 Freesia Dr, Lakeland, FL, 33811 | 6.22% Rental Yield | Ziffy

For Sale

Ziffy Mortgage

NMLS #2625701

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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

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Investment Highlights

Investment property for sale in Lakeland at 5599 Freesia Dr, Lakeland, FL, 33811 listed at $598,670 pairs $3,102/mo rent with a $2,930/mo payment. Total monthly income runs $3,102/mo. Return on cash invested measures 14.76% in year one, and rental yield registers 6.22% at a $598,670 basis. Equity gained on principal adds $3,863/yr, and annual property appreciation at 5% supports $165,401 by year five. Five-year ROI tracks 75.78% and total cumulative return in cash totals $149,258. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $3,102/mo property income relative to a $2,930/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).

Single Family

Built in 2025

N/A lot

$N/A/sqft

No HOA

More details about the property

"Beautiful" is the word you will use to describe this home when you see it in person. As you approach this home, the two-car garage and a front exterior covered in windows make this home glisten as it greets you. As you head towards the front entrance, you pass under the covered entry, and when you enter the home you will find yourself in the foyer next to the flex room, which is the perfect area to create into an office space or a lounge area. Heading further into the home you will find the kitchen on your side featuring granite countertops and a large island, plus towards the back is the cafe with sliding glass doors that lead out onto the patio, making your morning coffee something to look forward to. Adjacent to the kitchen is the family room, a place you can call the family gathering area, where all of that quality time is spent and memories are made. Around the back of the family room is the guest room with a full bathroom just outside, so your guests can enjoy your home just as much as you do. When you are ready to retire for the day you will head upstairs to where the bedrooms are located, but once you make it to the second floor you will find the game room. There are three bedrooms separated throughout; two have walk-in closets, and the remaining bedroom has some extra space. To the side of the stairs is where you will find the spacious owner's bedroom and bathroom you will look forward to using in the morning. This owner's bath features a huge walk-in closet,...

Neighborhood Data

Neighborhood data shown for ZIP Code: 33811, Lakeland, FL area.

Housing Distribution

Housing Statistics

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