938 E Lowell StLakelandFL33805
INVESTMENT ANALYSIS
Investment Verdict
Solid IncomeThe cash-flow margin at 938 E Lowell St, Lakeland, FL, 33805 in Lakeland is narrow, $195/mo net on $1,874/mo rent after the $1,138/mo debt service, but the property operates at break-even-plus, not a loss. At $253,000 with a 8.89% yield, the long-run equity case via 5% appreciation ($69,899 over five years) and $2,330/yr in principal paydown is where the returns accumulate. Ziffy Mortgage's 1.65 DSCR loan requires no W-2s or U.S. credit. Total projected cumulative return: $108,987.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 8.9% | 7.0% |
| Monthly Cash Flow | $195 | $1,500 |
City averages based on Lakeland market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $1,874 |
| Total Monthly Debt Service | $1,578 |
| DSCR Ratio | 1.19x |
Ziffy Mortgage: Your DSCR most likely meets our 1.0+ requirement, so you'll most probably qualify for our standard DSCR investment loan program. To pre-qualify, book time with your loan officer →
Estimates assume 6.0% rate / 30-yr fixed, 30% down, 1% tax, 0.5% insurance. Not a commitment to lend.
Single Family
Built in 1956
0.28 Acres 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
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
Single Family
Built in 1956
0.28 Acres 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