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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% |
Investment property for sale in Lakeland at 867 Hanover Way, Lakeland, FL, 33813 at $753,500 posts ROI 15.73% with from $4,106/mo rent. Total monthly income equals $4,106/mo. Return on cash invested measures 15.73% and rental yield reads 6.54% at the current $753,500. Equity gained on principal adds $4,862/yr, and 5% annual appreciation supports $208,178 by year five. Five-year ROI prints 80.99% and total cumulative return in cash totals $200,784. You can finance with Ziffy Mortgage’s DSCR loan, which relies on $4,106/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 1997
0.36 Acres lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 33813, Lakeland, FL area.
| 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 |
Residential
14,667
Single Family
12,943
Multi-Family
1,724
Businesses
881
Date | Event | Price |
|---|---|---|
| No price history data available | ||
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| No tax history data available | ||||
Listed by: Cheryl Jarvis • CMTG REAL ESTATE GROUP
Mls Name: Stellar MLS
Mls ID: #L4957266
