943 Ruby StLakelandFL33815
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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 943 Ruby St, Lakeland, FL, 33815 earns $16/mo cash flow from $1,536/mo rent with a $1,121/mo payment. Total monthly income totals $1,536/mo, and annual cash flow totals $194/yr on $75,914 capital. ROI tracks 20.16% on current figures, and rental yield reads 8.05% at a $229,000 purchase. Equity gained on principal adds $1,478/yr, and 5% annual appreciation supports $63,268 over five years. Five-year ROI reaches 104.86% and total cumulative return in cash sums $79,601. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $1,536/mo property income instead of your personal income.
Single Family
Built in 1922
10,084 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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