5740 Monroe Springs WayLakelandFL33811
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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
Investment property for sale in Lakeland at 5740 Monroe Springs Way, Lakeland, FL, 33811 at $309,900 posts ROI 43.22% with $1,996/mo cash flow from $4,188/mo rent. Total monthly income equals $4,188/mo, and annual cash flow records $23,951/yr on $102,732 to close. Return on cash invested measures 43.22% and rental yield reads 16.22% at the current $309,900. Equity gained on principal adds $2,000/yr, and 5% annual appreciation supports $85,620 by year five. Five-year ROI prints 229.02% and total cumulative return in cash totals $235,272.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $4,188/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 2021
5,502 sqft lot
$N/A/sqft
$8 monthly HOA
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 |
Housing Distribution
Address Breakdown
Residential
11,509
Single Family
9,579
Multi-Family
1,930
Businesses
603
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Listed by: Jeffery Wills PA • SEFAIR INVESTMENTS INC
Mls Name: Stellar MLS
Mls Provider:
Mls ID: #U8220868
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