637 Carey PlLakelandFL33803
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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 637 Carey Pl, Lakeland, FL, 33803 at $339,950 posts ROI 15.31% with from $1,883/mo rent. Total monthly income equals $1,883/mo. Return on cash invested measures 15.31% and rental yield reads 6.65% at the current $339,950. Equity gained on principal adds $2,194/yr, and 5% annual appreciation supports $93,922 by year five. Five-year ROI prints 79.03% and total cumulative return in cash totals $89,067. You can finance with Ziffy Mortgage’s DSCR loan, which relies on $1,883/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 1965
7,897 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 33803, Lakeland, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 14,347 (100%) |
| Owner Occupied HU | 7,920 (55.2%) |
| Renter Occupied HU | 4,890 (34.1%) |
| Vacant Housing Units | 1,537 (10.7%) |
| Median Home Value | $328,145 |
| Average Home Value | $368,084 |
Housing Distribution
Address Breakdown
Residential
13,625
Single Family
9,769
Multi-Family
3,856
Businesses
1,060
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Listed by: Angie Reynolds • PORCHLIGHT HOMES LLC
Mls Name: Stellar MLS
Mls Provider:
Mls ID: #L4952380
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