765 W Pierce StLake AlfredFL33850
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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 Lake Alfred at 765 W Pierce St, Lake Alfred, FL, 33850 generates $2,488/mo in rent and, after a $1,229/mo payment, leaves $822/mo in cash flow. Total monthly income is $2,488/mo, and annual cash flow is $9,862/yr on $83,207 invested. Return on cash invested sits at 31.76% in year one, and rental yield is 11.89% on a $251,000 entry. Equity gained on principal adds $1,620/yr, while 5% annual appreciation builds toward $69,347 over five years. Five-year ROI reaches 166.98% and total cumulative return in cash sums $138,936. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,488/mo property income rather than buyer’s personal income.
Single Family
Built in 1935
0.62 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 33850, Lake Alfred, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 5,076 (100%) |
| Owner Occupied HU | 3,644 (71.8%) |
| Renter Occupied HU | 843 (16.6%) |
| Vacant Housing Units | 589 (11.6%) |
| Median Home Value | $276,374 |
| Average Home Value | $301,478 |
Housing Distribution
Address Breakdown
Residential
4,175
Single Family
3,832
Multi-Family
343
Businesses
239
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Listed by: Martha VanCamp • KELLER WILLIAMS SOUTH TAMPA
Mls Name: Stellar MLS
Mls Provider:
Mls ID: #TB8413948
Disclaimer: IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed. Some IDX listings have been excluded from this website. Listing Information presented by local MLS brokerage: Zillow, Inc - (407) 904-3511