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Price: $300K - 500K
Monthly Cash Flow: 1 - 3k+
Home Type: Single Family
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A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |
Rental property for sale in Lakeland at The Augusta Plan, Gresham Farms Village, Lakeland, FL, 33811 priced at $362,900 converts $3,907/mo rent into $1,499/mo cash flow after a $1,776/mo obligation. Total monthly income equals $3,907/mo, and annual cash flow totals $17,987/yr on $120,301 invested. Return on cash invested prints 34.86% in year one, and rental yield reads 12.92% against a $362,900 entry. Equity gained on principal adds $2,342/yr, while 5% annual appreciation compiles into $100,263 by year five. Five-year ROI reaches 183.6% and total cumulative return in cash sums $220,868. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $3,907/mo property income covering a $1,776/mo payment, not borrower’s personal income.
Single Family
Built in 2024
N/A lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 33811, Lakeland, FL area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 11,839 (100%) |
| Owner Occupied HU | 8,839 (74.7%) |
| Renter Occupied HU | 2,487 (21.0%) |
| Vacant Housing Units | 513 ( 4.3%) |
| Median Home Value | $381,227 |
| Average Home Value | $421,922 |
Residential
11,509
Single Family
9,579
Multi-Family
1,930
Businesses
603
Date | Event | Price |
|---|---|---|
| 2024-06-25 | Listed for sale | $362,900 |
| 2023-12-07 | Listing removed | N/A |
| 2023-09-26 | Price change | $357,900 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| No tax history data available | ||||
Listed by: Ashley Musick • Southern Homes
Mls Name: My Southern Homes
Mls Provider:
Mls ID: #N/A
