57 E LnLake AlfredFL33850
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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
Investment property for sale in Lake Alfred at 57 E Ln, Lake Alfred, FL, 33850 uses $43,095 cash to close to unlock $1,483/yr annual cash flow and $124/mo monthly cash flow. Total monthly income runs $986/mo, and a $636/mo payment keeps the spread at $124/mo. Purchase price stands at $130,000, and rental yield measures 9.1% with $986/mo rent. Return on cash invested shows 23.35% in year one, and 5% annual appreciation builds toward $35,917 over five years. Five-year ROI reaches 121.91% and total cumulative return in cash records $52,539. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $986/mo property income covering a $636/mo payment rather than investor’s personal income.
Manufactured
Built in 1987
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 33850, Lake Alfred, FL area.
Housing Distribution
Housing Statistics
| 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 |
Housing Distribution
Address Breakdown
Residential
4,175
Single Family
3,832
Multi-Family
343
Businesses
239
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Listed by: Lisa Dobbs • LISA DOBBS LLC
Mls Name: My State MLS
Mls ID: #11459540