934 Hour Glass RdLakelandFL33801
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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 934 Hour Glass Rd, Lakeland, FL, 33801 with 5% annual appreciation on a $335,400 basis while $1,734/mo rent supports operations. 6% in year one. Equity gained on principal adds $2,164/yr, and five-year appreciation sums $92,665 alongside rental yield of 6.2%. Five-year ROI measures 74.96% and total cumulative return in cash totals $83,342. Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $1,734/mo property income versus a $1,642/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 2024
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 33801, Lakeland, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 16,133 (100%) |
| Owner Occupied HU | 7,444 (46.1%) |
| Renter Occupied HU | 6,890 (42.7%) |
| Vacant Housing Units | 1,799 (11.2%) |
| Median Home Value | $166,611 |
| Average Home Value | $218,447 |
Housing Distribution
Address Breakdown
Residential
14,299
Single Family
11,614
Multi-Family
2,685
Businesses
1,518
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