6527 Fernwood DrLakelandFL33810
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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 6527 Fernwood Dr, Lakeland, FL, 33810 offers $2,074/mo rent that, after a $1,508/mo payment, leaves $30/mo cash flow. Total monthly income is $2,074/mo, and annual cash flow is $355/yr on $102,102 cash. Return on cash invested measures 20.26% in year one, and rental yield stands at 8.08% at a $308,000 entry. Equity gained on principal adds $1,987/yr while 5% annual appreciation compounds into $85,095 by year five. Five-year ROI records 105.31% and total cumulative return in cash reaches $107,524. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $2,074/mo property income versus a $1,508/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Manufactured
Built in 1989
1.12 Acres lot
$N/A/sqft
No HOA
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Ashley Bearden • KELLER WILLIAMS REALTY SMART
Mls Name: Stellar MLS
Mls Provider:
Mls ID: #L4952943
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