645 E Thelma StLake AlfredFL33850
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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 Lake Alfred at 645 E Thelma St, Lake Alfred, FL, 33850 with 5% annual appreciation on a $265,000 basis while $2,248/mo rent supports operations. Total monthly income totals $2,248/mo and a $1,297/mo payment preserves $489/mo for cash returns. Annual cash flow comes to $5,874/yr on $87,848 deployed, and return on cash invested reaches 26.6% in year one. Equity gained on principal adds $1,710/yr, and five-year appreciation sums $73,215 alongside rental yield of 10.18%. Five-year ROI measures 139.31% and total cumulative return in cash totals $122,379.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $2,248/mo property income versus a $1,297/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 1985
10,028 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 33850, Lake Alfred, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 5,076 (100%) |
| Owner Occupied HU | 3,644 (71.8%) |
| Renter Occupied HU | 843 (16.6%) |
| Vacant Housing Units | 589 (11.6%) |
| Median Home Value | $276,374 |
| Average Home Value | $301,478 |
Housing Distribution
Address Breakdown
Residential
4,175
Single Family
3,832
Multi-Family
343
Businesses
239
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Listed by: Clarisa Moody • MARZUCCO REAL ESTATE
Mls Name: Stellar MLS
Mls ID: #TB8459455