735 S Lakeview Rd UNIT 14Lake PlacidFL33852
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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 Lake Placid at 735 S Lakeview Rd UNIT 14, Lake Placid, FL, 33852 offers a 3.36% rental yield on a $369,000 purchase with $1,032/mo rent. 27% in year one. Equity gained on principal adds $2,381/yr while 5% annual appreciation supports $101,948 over five years. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,032/mo property income against a $1,806/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Condo
Built in 1957
1,742 sqft lot
$N/A/sqft
$742 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 33852, Lake Placid, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 13,836 (100%) |
| Owner Occupied HU | 8,147 (58.9%) |
| Renter Occupied HU | 1,867 (13.5%) |
| Vacant Housing Units | 3,822 (27.6%) |
| Median Home Value | $257,946 |
| Average Home Value | $293,604 |
Housing Distribution
Address Breakdown
Residential
12,137
Single Family
11,465
Multi-Family
672
Businesses
523
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Sue Clark • CENTURY 21 Lake & Land Myers Realty
Mls Name: HFMLS
Mls ID: #316051
Disclaimer: Copyright Heartland Association of Realtors. All rights reserved. Information is deemed reliable but not guaranteed.