Richmond Plan, Saddle Creek Preserve : The Estates IILakelandFL33801
Nearby investment properties with comparable rents
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 Lakeland at Richmond Plan, Saddle Creek Preserve: The Estates II, Lakeland, FL, 33801 priced at $415,530 converts $2,830/mo rent into $72/mo cash flow after a $2,034/mo obligation. Total monthly income equals $2,830/mo, and annual cash flow totals $867/yr on $137,748 invested. Return on cash invested prints 20.54% in year one, and rental yield reads 8.17% against a $415,530 entry. Equity gained on principal adds $2,681/yr, while 5% annual appreciation compiles into $114,803 by year five. Five-year ROI reaches 106.83% and total cumulative return in cash sums $147,152. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $2,830/mo property income covering a $2,034/mo payment, not borrower’s personal income.
Single Family
Built in 2024
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 33801, Lakeland, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 16,133 (100%) |
| Owner Occupied HU | 7,444 (46.1%) |
| Renter Occupied HU | 6,890 (42.7%) |
| Vacant Housing Units | 1,799 (11.2%) |
| Median Home Value | $166,611 |
| Average Home Value | $218,447 |
Housing Distribution
Address Breakdown
Residential
14,299
Single Family
11,614
Multi-Family
2,685
Businesses
1,518
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
