59 Beachfront Ln, Lake Placid, FL, 33852 | $225/mo Cash Flow

For Sale

Ziffy Mortgage

NMLS #2625701

Get Pre-Approved

Nearby investment properties with comparable rents

2 Bed
1 Bath
720 sft

1543 Killarney Dr, Sebring, FL, 33870

2 Bed
2 Bath
864 sft

2841 John L St, Sebring, FL, 33872

2 Bed
1 Bath
816 sft

618 Lemans Dr, Sebring, FL, 33872

4 Bed
2 Bath
1039 sft

1418 Palm Blvd, Sebring, FL, 33870

Nearby investment properties with comparable prices

Champion 140 JV Rum Runner Plan, Rum Runner

3 Bed
2 Bath
1182 sft

Champion 140 JV Rum Runner Plan, Rum Runner, Sebring, FL, 33872

Champion 99 JV Rum Runner Plan, Rum Runner

3 Bed
2 Bath
1182 sft

Champion 99 JV Rum Runner Plan, Rum Runner, Sebring, FL, 33872

3 Bed
2 Bath
1182 sft

Champion JV Rum Runner Plan, Rum Runner, Rdf5zl Sebring, FL, 33872

3 Bed
2 Bath
1182 sft

Champion JV Rum Runner Plan, Rum Runner, Rdf5zi Sebring, FL, 33872

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

Explore more listings using simple english

Investment Highlights

Investment property for sale in Lake Placid at 59 Beachfront Ln, Lake Placid, FL, 33852 offers a 10.4% rental yield on a $177,000 purchase with $1,534/mo rent. Total monthly income registers $1,534/mo, and a $866/mo payment leaves $225/mo available for distribution. Annual cash flow reaches $2,697/yr on $58,676 to close, and return on cash invested stands at 24.5% in year one. Equity gained on principal adds $1,142/yr while 5% annual appreciation supports $48,902 over five years. Portfolio math shows five-year ROI at 129.09% and total cumulative return in cash at $75,743. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,534/mo property income against a $866/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.

Manufactured

Built in 2024

2,613 sqft lot

$N/A/sqft

$405 quarterly 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