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Price: $300K - 500K
Monthly Cash Flow: 1 - 3k+
Home Type: Single Family
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A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |
Investment property for sale in Lakeland at 6204 Springwoods Ln, Lakeland, FL, 33811 earns $879/mo cash flow from $3,102/mo rent with a $1,640/mo payment. Total monthly income totals $3,102/mo, and annual cash flow totals $10,542/yr on $111,053 capital. ROI tracks 29.4% on current figures, and rental yield reads 11.11% at a $335,000 purchase. Equity gained on principal adds $2,162/yr, and 5% annual appreciation supports $92,554 over five years. Five-year ROI reaches 154.36% and total cumulative return in cash sums $171,416. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $3,102/mo property income instead of your personal income.
Manufactured
Built in 1998
1.39 Acres lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 33811, Lakeland, FL area.
| 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 |
Residential
11,509
Single Family
9,579
Multi-Family
1,930
Businesses
603
Date | Event | Price |
|---|---|---|
| 2025-04-23 | Listed for sale | $335,000 |
| 2023-07-14 | Sold | $295,000 |
| 2023-06-13 | Pending sale | $295,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-04-23 | $2713.04 | 800.53% | $249,387 | 336.05% |
| 2023-04-23 | $301.27 | -15.36% | $57,192 | 3.00% |
| 2022-04-23 | $355.95 | -1.73% | $55,526 | 3.00% |
Listed by: Ashley Bearden • KELLER WILLIAMS REALTY SMART
Mls Name: Stellar MLS
Mls Provider:
Mls ID: #L4952362
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
