803 Hamilton Place DrLakelandFL33813
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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
Total monthly income runs $3,024/mo, and a $3,421/mo payment. Purchase price stands at $699,000, and rental yield measures 5.19% with $3,024/mo rent. Return on cash invested shows 11.64% in year one, and 5% annual appreciation builds toward $193,121 over five years. Five-year ROI reaches 59.04% and total cumulative return in cash records $135,770. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $3,024/mo property income covering a $3,421/mo payment rather than investor’s personal income.
Single Family
Built in 1991
0.35 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 33813, Lakeland, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 14,841 (100%) |
| Owner Occupied HU | 11,809 (79.6%) |
| Renter Occupied HU | 2,470 (16.6%) |
| Vacant Housing Units | 562 ( 3.8%) |
| Median Home Value | $391,026 |
| Average Home Value | $439,689 |
Housing Distribution
Address Breakdown
Residential
14,667
Single Family
12,943
Multi-Family
1,724
Businesses
881
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