816 Elizabeth LnLakelandFL33809
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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
Investment property for sale in Lakeland at 816 Elizabeth Ln, Lakeland, FL, 33809 listed at $123,161 pairs $1,614/mo rent with a $603/mo payment to leave $550/mo cash flow. Total monthly income runs $1,614/mo, and annual cash flow reaches $6,594/yr on $40,828 cash to close. Return on cash invested measures 36.06% in year one, and rental yield registers 15.73% at a $123,161 basis. Equity gained on principal adds $795/yr, and annual property appreciation at 5% supports $34,027 by year five. Five-year ROI tracks 192.7% and total cumulative return in cash totals $78,676. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $1,614/mo property income relative to a $603/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1976
5,223 sqft lot
$N/A/sqft
$247 monthly 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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