Dover Plan, Saddle Creek Preserve : The Estates IILakelandFL33801
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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 Dover Plan, Saddle Creek Preserve: The Estates II, Lakeland, FL, 33801 offers a 10.68% rental yield on a $297,640 purchase with $2,650/mo rent. Total monthly income registers $2,650/mo, and a $1,457/mo payment leaves $675/mo available for distribution. Annual cash flow reaches $8,095/yr on $98,668 to close, and return on cash invested stands at 28.11% in year one. Equity gained on principal adds $1,921/yr while 5% annual appreciation supports $82,232 over five years. Portfolio math shows five-year ROI at 147.44% and total cumulative return in cash at $145,479. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $2,650/mo property income against a $1,457/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
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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