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Price: $300K - 500K
Monthly Cash Flow: 1 - 3k+
Home Type: Single Family
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A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |
Rental property for sale in Lakeland at 802 Hour Glass Rd, Lakeland, FL, 33801 offers $1,734/mo rent that, after a $1,466/mo payment. Total monthly income is $1,734/mo. Return on cash invested measures 16.84% in year one, and rental yield stands at 6.95% at a $299,500 entry. Equity gained on principal adds $1,933/yr while 5% annual appreciation compounds into $82,746 by year five. Five-year ROI records 87.03% and total cumulative return in cash reaches $86,411. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $1,734/mo property income versus a $1,466/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 2025
N/A lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 33801, Lakeland, FL area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 16,133 (100%) |
| Owner Occupied HU | 7,444 (46.1%) |
| Renter Occupied HU | 6,890 (42.7%) |
| Vacant Housing Units | 1,799 (11.2%) |
| Median Home Value | $166,611 |
| Average Home Value | $218,447 |
Residential
14,299
Single Family
11,614
Multi-Family
2,685
Businesses
1,518
Date | Event | Price |
|---|---|---|
| 2025-09-28 | Listing removed | $303,040 |
| 2025-09-23 | Price change | $303,040 |
| 2025-09-13 | Price change | $321,040 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| No tax history data available | ||||
Listed by: N/A • N/A
Mls Name: Lennar Homes
Mls Provider:
Mls ID: #N/A
