Plan 1707 Plan, Landings at Lake Mabel LoopLake 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
Investment property for sale in Lake Wales at Plan 1707 Plan, Landings at Lake Mabel Loop, Lake Wales, FL, 33898 offers a 8.38% rental yield on a $260,490 purchase with $1,819/mo rent. Total monthly income registers $1,819/mo, and a $1,275/mo payment leaves $90/mo available for distribution. Annual cash flow reaches $1,084/yr on $86,352 to close, and return on cash invested stands at 21.16% in year one. Equity gained on principal adds $1,681/yr while 5% annual appreciation supports $71,969 over five years. Portfolio math shows five-year ROI at 110.2% and total cumulative return in cash at $95,163. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,819/mo property income against a $1,275/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 2026
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 • KB Home
Mls Name: KB Home
Mls Provider:
Mls ID: #N/A