5885 Crane DrLakelandFL33809
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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 Lakeland at 5885 Crane Dr, Lakeland, FL, 33809 listed at $240,000 pairs $1,911/mo rent with a $1,175/mo payment to leave $168/mo cash flow. Total monthly income runs $1,911/mo, and annual cash flow reaches $2,016/yr on $79,560 cash to close. Return on cash invested measures 22.44% in year one, and rental yield registers 9.55% at a $240,000 basis. Equity gained on principal adds $1,549/yr, and annual property appreciation at 5% supports $66,308 by year five. Five-year ROI tracks 117.83% and total cumulative return in cash totals $93,746. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $1,911/mo property income relative to a $1,175/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1994
7,963 sqft lot
$N/A/sqft
$150 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 33809, Lakeland, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 13,530 (100%) |
| Owner Occupied HU | 8,941 (66.1%) |
| Renter Occupied HU | 3,734 (27.6%) |
| Vacant Housing Units | 855 ( 6.3%) |
| Median Home Value | $320,715 |
| Average Home Value | $343,826 |
Housing Distribution
Address Breakdown
Residential
13,079
Single Family
11,016
Multi-Family
2,063
Businesses
681
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Listed by: Chris Sakamoto • MARK SPAIN REAL ESTATE
Mls Name: Stellar MLS
Mls Provider:
Mls ID: #TB8404154
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