56 Quail Roost RdLake PlacidFL33852
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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
Rental property for sale in Lake Placid at 56 Quail Roost Rd, Lake Placid, FL, 33852 offers $2,176/mo rent that, after a $1,322/mo payment, leaves $305/mo cash flow. Total monthly income is $2,176/mo, and annual cash flow is $3,664/yr on $89,505 cash. Return on cash invested measures 24% in year one, and rental yield stands at 9.67% at a $269,999 entry. Equity gained on principal adds $1,742/yr while 5% annual appreciation compounds into $74,596 by year five. Five-year ROI records 125.8% and total cumulative return in cash reaches $112,597. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $2,176/mo property income versus a $1,322/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 1994
0.31 Acres lot
$N/A/sqft
$64 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 33852, Lake Placid, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 13,836 (100%) |
| Owner Occupied HU | 8,147 (58.9%) |
| Renter Occupied HU | 1,867 (13.5%) |
| Vacant Housing Units | 3,822 (27.6%) |
| Median Home Value | $257,946 |
| Average Home Value | $293,604 |
Housing Distribution
Address Breakdown
Residential
12,137
Single Family
11,465
Multi-Family
672
Businesses
523
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Listed by: Zachary Debono • All About Realty of Lake Placid INC
Mls Name: My State MLS
Mls ID: #11412597