810 Hour Glass RdLakelandFL33801
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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 810 Hour Glass Rd, Lakeland, FL, 33801 priced at $321,700 converts $1,734/mo rent into after a $1,575/mo obligation. Total monthly income equals $1,734/mo. Return on cash invested prints 15.39% in year one, and rental yield reads 6.47% against a $321,700 entry. Equity gained on principal adds $2,076/yr, while 5% annual appreciation compiles into $88,880 by year five. Five-year ROI reaches 79.24% and total cumulative return in cash sums $84,501. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $1,734/mo property income covering a $1,575/mo payment, not borrower’s personal income.
Single Family
Built in 2025
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 33801, Lakeland, FL area.
Housing Distribution
Housing Statistics
| 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 |
Housing Distribution
Address Breakdown
Residential
14,299
Single Family
11,614
Multi-Family
2,685
Businesses
1,518
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