6589 Shepherd Oaks StLakelandFL33811
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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 6589 Shepherd Oaks St, Lakeland, FL, 33811 earns $1,399/mo cash flow from $3,749/mo rent with a $1,713/mo payment. Total monthly income totals $3,749/mo, and annual cash flow totals $16,793/yr on $116,025 capital. ROI tracks 34.38% on current figures, and rental yield reads 12.85% at a $350,000 purchase. Equity gained on principal adds $2,258/yr, and 5% annual appreciation supports $96,699 over five years. Five-year ROI reaches 181.16% and total cumulative return in cash sums $210,194. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $3,749/mo property income instead of your personal income.
Single Family
Built in 2001
7,471 sqft lot
$N/A/sqft
$27 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 33811, Lakeland, FL area.
Housing Distribution
Housing Statistics
| 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 |
Housing Distribution
Address Breakdown
Residential
11,509
Single Family
9,579
Multi-Family
1,930
Businesses
603
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Listed by: Paul Hamilton • PREMIER HOMES AND REAL ESTATE
Mls Name: Stellar MLS
Mls Provider:
Mls ID: #L4946975
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