747 Miranda TrlLakelandFL33809
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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 Lakeland at 747 Miranda Trl, Lakeland, FL, 33809 priced at $239,900 converts $2,154/mo rent into $562/mo cash flow after a $1,174/mo obligation. Total monthly income equals $2,154/mo, and annual cash flow totals $6,746/yr on $79,527 invested. Return on cash invested prints 28.39% in year one, and rental yield reads 10.77% against a $239,900 entry. Equity gained on principal adds $1,548/yr, while 5% annual appreciation compiles into $66,280 by year five. Five-year ROI reaches 148.95% and total cumulative return in cash sums $118,459. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $2,154/mo property income covering a $1,174/mo payment, not borrower’s personal income.
Manufactured
Built in 1991
8.46 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 33809, Lakeland, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 13,530 (100%) |
| Owner Occupied HU | 8,941 (66.1%) |
| Renter Occupied HU | 3,734 (27.6%) |
| Vacant Housing Units | 855 ( 6.3%) |
| Median Home Value | $320,715 |
| Average Home Value | $343,826 |
Housing Distribution
Address Breakdown
Residential
13,079
Single Family
11,016
Multi-Family
2,063
Businesses
681
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