907 N Wabash AveLakelandFL33815
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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 907 N Wabash Ave, Lakeland, FL, 33815 earns from $1,740/mo rent with a $1,664/mo payment. Total monthly income totals $1,740/mo. ROI tracks 14.41% on current figures, and rental yield reads 6.14% at a $339,900 purchase. Equity gained on principal adds $2,193/yr, and 5% annual appreciation supports $93,908 over five years. Five-year ROI reaches 74.01% and total cumulative return in cash sums $83,387. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $1,740/mo property income instead of your personal income.
Multi Family
Built in 1930
8,712 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 33815, Lakeland, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 7,876 (100%) |
| Owner Occupied HU | 3,784 (48.0%) |
| Renter Occupied HU | 2,810 (35.7%) |
| Vacant Housing Units | 1,282 (16.3%) |
| Median Home Value | $66,466 |
| Average Home Value | $172,967 |
Housing Distribution
Address Breakdown
Residential
6,830
Single Family
5,629
Multi-Family
1,201
Businesses
573
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