6522 Cromwell RdLakelandFL33805
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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 6522 Cromwell Rd, Lakeland, FL, 33805 uses $106,047 cash to close to unlock $1,426/yr annual cash flow and $119/mo monthly cash flow. Total monthly income runs $2,242/mo, and a $1,566/mo payment keeps the spread at $119/mo. Purchase price stands at $319,900, and rental yield measures 8.41% with $2,242/mo rent. Return on cash invested shows 21.25% in year one, and 5% annual appreciation builds toward $88,382 over five years. Five-year ROI reaches 110.64% and total cumulative return in cash records $117,332. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,242/mo property income covering a $1,566/mo payment rather than investor’s personal income.
Single Family
Built in 1976
0.26 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 33805, Lakeland, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 11,939 (100%) |
| Owner Occupied HU | 5,346 (44.8%) |
| Renter Occupied HU | 5,621 (47.1%) |
| Vacant Housing Units | 972 ( 8.1%) |
| Median Home Value | $208,779 |
| Average Home Value | $240,920 |
Housing Distribution
Address Breakdown
Residential
11,165
Single Family
7,516
Multi-Family
3,649
Businesses
479
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