689 Shanklin Ave, Bartow, FL, 33830 | 6.15% Rental Yield

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689 Shanklin Ave, Bartow, FL, 33830 | 6.15% Rental Yield | Ziffy

For Sale

Ziffy Mortgage

NMLS #2625701

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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

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Investment Highlights

Total monthly income runs $2,814/mo, and a $2,687/mo payment. Purchase price stands at $549,000, and rental yield measures 6.15% with $2,814/mo rent. Return on cash invested shows 14.55% in year one, and 5% annual appreciation builds toward $151,679 over five years. Five-year ROI reaches 74.66% and total cumulative return in cash records $134,852. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,814/mo property income covering a $2,687/mo payment rather than investor’s personal income.

Single Family

Built in 2022

0.29 Acres lot

$N/A/sqft

No HOA

More details about the property

****5.75% ASSUMABLE FHA LOAN***** Welcome to 689 Shanklin Ave, a stunning custom-built home completed in 2022, located in the highly desirable Square Lake community of Bartow, FL! This meticulously kept property offers the perfect combination of modern elegance, comfort, and natural beautywith exclusive lake access to Square Lake, the communitys private lake, ideal for fishing, kayaking, or simply enjoying peaceful waterfront living. Step inside to discover a bright and spacious open-concept floor plan designed for todays lifestyle. The thoughtfully crafted interior showcases quality finishes throughout, with a seamless flow between the living, dining, and kitchen areasperfect for both entertaining and everyday living. The kitchen features stylish cabinetry, modern appliances, and ample counter space for all your culinary needs. The luxurious owners suite provides a private retreat with a beautifully appointed en suite bathroom and a spacious walk-in closet. Additional bedrooms offer flexibility for family, guests, or a home office. Out back, enjoy Florida living from your covered patio overlooking a large backyardideal for relaxing, gardening, or gathering with friends and family. The home sits in a peaceful, well-kept community with convenient access to downtown Bartow, Lakeland, Winter Haven, Lake Wales, the Polk Parkway, and I-4. Dont miss the opportunity to own this exceptional, like-new custom home in one of Bartows most sought-after neighborhoods with private lake access. Schedule your private showing of 689 Shanklin Ave today!

Neighborhood Data

Neighborhood data shown for ZIP Code: 33830, Bartow, FL area.

Housing Distribution

Housing Statistics

Category	Value
Total HU (Housing Units)	13,289 (100%)
Owner Occupied HU	8,662 (65.2%)
Renter Occupied HU	3,320 (25.0%)
Vacant Housing Units	1,307 ( 9.8%)
Median Home Value	$307,472
Average Home Value	$360,489