5904 Neem CtLakelandFL33811
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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 Lakeland at 5904 Neem Ct, Lakeland, FL, 33811 generates $3,701/mo in rent, after a $3,168/mo payment. Total monthly income is $3,701/mo. Return on cash invested sits at 16.71% in year one, and rental yield is 6.86% on a $647,250 entry. Equity gained on principal adds $4,177/yr, while 5% annual appreciation builds toward $178,823 over five years. Five-year ROI reaches 86.25% and total cumulative return in cash sums $183,674. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $3,701/mo property income rather than buyer’s personal income.
Single Family
Built in 2025
N/A lot
$N/A/sqft
No 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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