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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% |
Rental property for sale in Lakeland at 701 N Vermont Ave, Lakeland, FL, 33801 generates $2,040/mo in rent, after a $1,517/mo payment. Total monthly income is $2,040/mo. Return on cash invested sits at 19.71% in year one, and rental yield is 7.9% on a $310,000 entry. Equity gained on principal adds $2,000/yr, while 5% annual appreciation builds toward $85,647 over five years. Five-year ROI reaches 102.4% and total cumulative return in cash sums $105,235. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,040/mo property income rather than buyer’s personal income.
Single Family
Built in 1922
6,900 sqft lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 33801, Lakeland, FL area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 16,133 (100%) |
| Owner Occupied HU | 7,444 (46.1%) |
| Renter Occupied HU | 6,890 (42.7%) |
| Vacant Housing Units | 1,799 (11.2%) |
| Median Home Value | $166,611 |
| Average Home Value | $218,447 |
Residential
14,299
Single Family
11,614
Multi-Family
2,685
Businesses
1,518
Date | Event | Price |
|---|---|---|
| No price history data available | ||
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| No tax history data available | ||||
Listed by: Justin King • IMPACT REALTY TAMPA BAY
Mls Name: Stellar MLS
Mls ID: #TB8435752
