949 Lake StLake HamiltonFL33851
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
Investment Highlights
Investment property for sale in Lake Hamilton at 949 Lake St, Lake Hamilton, FL, 33851 earns $286/mo cash flow from $1,540/mo rent with a $925/mo payment. Total monthly income totals $1,540/mo, and annual cash flow totals $3,430/yr on $62,654 capital. ROI tracks 25.38% on current figures, and rental yield reads 9.78% at a $189,000 purchase. Equity gained on principal adds $1,220/yr, and 5% annual appreciation supports $52,217 over five years. Five-year ROI reaches 132.78% and total cumulative return in cash sums $83,194. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $1,540/mo property income instead of your personal income.
Single Family
Built in 1946
0.35 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 33851, Lake Hamilton, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 162 (100%) |
| Owner Occupied HU | 122 (75.3%) |
| Renter Occupied HU | 19 (11.7%) |
| Vacant Housing Units | 21 (13.0%) |
| Median Home Value | $328,000 |
| Average Home Value | $330,143 |
Housing Distribution
Address Breakdown
Residential
496
Single Family
0
Multi-Family
0
Businesses
48
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Jim Campbell • CENTURY 21 MYERS REALTY
Mls Name: Stellar MLS
Mls ID: #P4937187