833 Channing RdLakelandFL33805
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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 833 Channing Rd, Lakeland, FL, 33805 with 5% annual appreciation on a $362,400 basis while $1,954/mo rent supports operations. 4% in year one. Equity gained on principal adds $2,339/yr, and five-year appreciation sums $100,124 alongside rental yield of 6.47%. Five-year ROI measures 79.25% and total cumulative return in cash totals $95,203. Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $1,954/mo property income versus a $1,774/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 1964
9,552 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 33805, Lakeland, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 11,939 (100%) |
| Owner Occupied HU | 5,346 (44.8%) |
| Renter Occupied HU | 5,621 (47.1%) |
| Vacant Housing Units | 972 ( 8.1%) |
| Median Home Value | $208,779 |
| Average Home Value | $240,920 |
Housing Distribution
Address Breakdown
Residential
11,165
Single Family
7,516
Multi-Family
3,649
Businesses
479
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices