8689 Breeze Hill DrLake WalesFL33898
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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 Lake Wales at 8689 Breeze Hill Dr, Lake Wales, FL, 33898 with 5% annual appreciation on a $140,000 basis while $1,096/mo rent supports operations. Total monthly income totals $1,096/mo and a $685/mo payment preserves $167/mo for cash returns. Annual cash flow comes to $2,006/yr on $46,410 deployed, and return on cash invested reaches 24.23% in year one. Equity gained on principal adds $903/yr, and five-year appreciation sums $38,679 alongside rental yield of 9.39%. Five-year ROI measures 126.69% and total cumulative return in cash totals $58,798.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $1,096/mo property income versus a $685/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Manufactured
Built in 1983
4,792 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 33898, Lake Wales, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 9,977 (100%) |
| Owner Occupied HU | 5,967 (59.8%) |
| Renter Occupied HU | 1,521 (15.2%) |
| Vacant Housing Units | 2,489 (24.9%) |
| Median Home Value | $264,397 |
| Average Home Value | $297,827 |
Housing Distribution
Address Breakdown
Residential
8,631
Single Family
7,356
Multi-Family
1,275
Businesses
180
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Listed by: Kimberly Gay • COLDWELL BANKER REALTY
Mls Name: Stellar MLS
Mls ID: #P4934253