Plan 1557 Plan, Reserve at Forest Lake TownhomesLake WalesFL33859
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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 Plan 1557 Plan, Reserve at Forest Lake Townhomes, Lake Wales, FL, 33859 priced at $221,990 pairs $2,207/mo rent with $733/mo cash flow after a $1,087/mo payment. Total monthly income equals $2,207/mo, and annual cash flow comes to $8,800/yr on $73,590 invested. Return on cash invested is 31.87% in year one, and rental yield stands at 11.93% on a $221,990 basis. Equity gained on principal adds $1,432/yr, and 5% annual appreciation accumulates to $61,332 by year five. Five-year ROI measures 167.6% and total cumulative return in cash reaches $123,336. For financing, Ziffy Mortgage’s DSCR program evaluates $2,207/mo property income against a $1,087/mo payment instead of your W2s, 1099s, or Tax returns.
Townhouse
Built in 2026
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 33859, Lake Wales, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 6,900 (100%) |
| Owner Occupied HU | 4,212 (61.0%) |
| Renter Occupied HU | 1,592 (23.1%) |
| Vacant Housing Units | 1,096 (15.9%) |
| Median Home Value | $272,083 |
| Average Home Value | $311,644 |
Housing Distribution
Address Breakdown
Residential
5,567
Single Family
4,994
Multi-Family
573
Businesses
573
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Listed by: N/A • KB Home
Mls Name: KB Home
Mls Provider:
Mls ID: #N/A