702 Indian Lake DrIndian Lake EstatesFL33855
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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 Indian Lake Estates at 702 Indian Lake Dr, Indian Lake Estates, FL, 33855 listed at $349,900 pairs $2,390/mo rent with a $1,713/mo payment to leave $68/mo cash flow. Total monthly income runs $2,390/mo, and annual cash flow reaches $811/yr on $115,992 cash to close. Return on cash invested measures 20.61% in year one, and rental yield registers 8.2% at a $349,900 basis. Equity gained on principal adds $2,258/yr, and annual property appreciation at 5% supports $96,671 by year five. Five-year ROI tracks 107.2% and total cumulative return in cash totals $124,338. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $2,390/mo property income relative to a $1,713/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 2026
0.55 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 33855, Indian Lake Estates, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 577 (100%) |
| Owner Occupied HU | 370 (64.1%) |
| Renter Occupied HU | 50 ( 8.7%) |
| Vacant Housing Units | 157 (27.2%) |
| Median Home Value | $304,278 |
| Average Home Value | $276,101 |
Housing Distribution
Address Breakdown
Residential
0
Single Family
0
Multi-Family
0
Businesses
19
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Listed by: Rich Williams • COLDWELL BANKER RICHWILL REALT
Mls Name: Stellar MLS
Mls ID: #O6335385