718 Water Oak BlvdLady LakeFL32159
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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
Rental property for sale in Lady Lake at 718 Water Oak Blvd, Lady Lake, FL, 32159 priced at $145,000 converts $2,579/mo rent into $1,616/mo cash flow after a $710/mo obligation. Total monthly income equals $2,579/mo, and annual cash flow totals $19,398/yr on $48,068 invested. Return on cash invested prints 60.26% in year one, and rental yield reads 21.34% against a $145,000 entry. Equity gained on principal adds $936/yr, while 5% annual appreciation compiles into $40,061 by year five. Five-year ROI reaches 319.87% and total cumulative return in cash sums $153,752. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $2,579/mo property income covering a $710/mo payment, not borrower’s personal income.
Manufactured
Built in 2004
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 32159, Lady Lake, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 19,860 (100%) |
| Owner Occupied HU | 13,610 (68.5%) |
| Renter Occupied HU | 3,064 (15.4%) |
| Vacant Housing Units | 3,186 (16.0%) |
| Median Home Value | $352,165 |
| Average Home Value | $367,814 |
Housing Distribution
Address Breakdown
Residential
18,353
Single Family
6,385
Multi-Family
11,968
Businesses
722
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