938 E Lowell StLakelandFL33805
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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 938 E Lowell St, Lakeland, FL, 33805 listed at $253,000 pairs $1,874/mo rent with a $1,238/mo payment to leave $195/mo cash flow. Total monthly income runs $1,874/mo, and annual cash flow reaches $2,344/yr on $83,870 cash to close. Return on cash invested measures 22.7% in year one, and rental yield registers 8.89% at a $253,000 basis. Equity gained on principal adds $1,633/yr, and annual property appreciation at 5% supports $69,899 by year five. Five-year ROI tracks 118.45% and total cumulative return in cash totals $99,340. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $1,874/mo property income relative to a $1,238/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
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
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