Plan 1908 Plan, Robins RunLake WalesFL33859
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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
Rental property for sale in Lake Wales at Plan 1908 Plan, Robins Run, Lake Wales, FL, 33859 priced at $280,990 converts $1,944/mo rent into $80/mo cash flow after a $1,375/mo obligation. Total monthly income equals $1,944/mo, and annual cash flow totals $955/yr on $93,148 invested. Return on cash invested prints 20.93% in year one, and rental yield reads 8.3% against a $280,990 entry. Equity gained on principal adds $1,813/yr, while 5% annual appreciation compiles into $77,632 by year five. Five-year ROI reaches 108.93% and total cumulative return in cash sums $101,467. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $1,944/mo property income covering a $1,375/mo payment, not borrower’s personal income.
Single Family
Built in 2025
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