Luna Plan, Mabel PlaceLake WalesFL33898
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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
Rental property for sale in Lake Wales at Luna Plan, Mabel Place, Lake Wales, FL, 33898 generates $2,800/mo in rent and, after a $1,615/mo payment, leaves $610/mo in cash flow. Total monthly income is $2,800/mo, and annual cash flow is $7,323/yr on $109,392 invested. Return on cash invested sits at 26.6% in year one, and rental yield is 10.18% on a $329,990 entry. Equity gained on principal adds $2,129/yr, while 5% annual appreciation builds toward $91,170 over five years. Five-year ROI reaches 139.34% and total cumulative return in cash sums $152,431. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,800/mo property income rather than buyer’s personal income.
Single Family
Built in 2024
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 33898, Lake Wales, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 9,977 (100%) |
| Owner Occupied HU | 5,967 (59.8%) |
| Renter Occupied HU | 1,521 (15.2%) |
| Vacant Housing Units | 2,489 (24.9%) |
| Median Home Value | $264,397 |
| Average Home Value | $297,827 |
Housing Distribution
Address Breakdown
Residential
8,631
Single Family
7,356
Multi-Family
1,275
Businesses
180
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Listed by: N/A • Starlight
Mls Name: Starlight Homes
Mls Provider:
Mls ID: #N/A