Plan 2716 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 2716 Plan, Landings at Lake Mabel Loop, Lake Wales, FL, 33898 listed at $303,490 pairs $2,274/mo rent with a $1,485/mo payment to leave $260/mo cash flow. Total monthly income runs $2,274/mo, and annual cash flow reaches $3,125/yr on $100,607 cash to close. Return on cash invested measures 23.02% in year one, and rental yield registers 8.99% at a $303,490 basis. Equity gained on principal adds $1,958/yr, and annual property appreciation at 5% supports $83,849 by year five. Five-year ROI tracks 120.1% and total cumulative return in cash totals $120,832. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $2,274/mo property income relative to a $1,485/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 2025
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