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Price: $300K - 500K
Monthly Cash Flow: 1 - 3k+
Home Type: Single Family
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A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |
Investment property for sale in Lakeland at 6867 Shadowcast Ln, Lakeland, FL, 33813 at $324,999 posts ROI 21.42% with $136/mo cash flow from $2,467/mo rent. Total monthly income equals $2,467/mo, and annual cash flow records $1,627/yr on $107,737 to close. Return on cash invested measures 21.42% and rental yield reads 9.11% at the current $324,999. Equity gained on principal adds $2,097/yr, and 5% annual appreciation supports $89,791 by year five. Five-year ROI prints 112.24% and total cumulative return in cash totals $120,925.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $2,467/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 2004
8,220 sqft lot
$N/A/sqft
$160 monthly HOA
Neighborhood data shown for ZIP Code: 33813, Lakeland, FL area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 14,841 (100%) |
| Owner Occupied HU | 11,809 (79.6%) |
| Renter Occupied HU | 2,470 (16.6%) |
| Vacant Housing Units | 562 ( 3.8%) |
| Median Home Value | $391,026 |
| Average Home Value | $439,689 |
Residential
14,667
Single Family
12,943
Multi-Family
1,724
Businesses
881
Date | Event | Price |
|---|---|---|
| 2025-01-29 | Price change | $324,999 |
| 2024-11-22 | Listed for sale | $327,900 |
| 2024-02-12 | Sold | $306,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2023-02-13 | $3064.21 | 5.67% | $206,627 | 10.00% |
| 2022-02-13 | $2899.74 | 18.30% | $187,843 | 10.00% |
| 2021-02-13 | $2451.21 | 2.89% | $170,766 | 3.75% |
Listed by: Patti Webster • DENNIS REALTY & INV. CORP.
Mls Name: Stellar MLS
Mls Provider:
Mls ID: #TB8323353
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
