The Newport Plan, Gresham Farms VillageLakelandFL33811
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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 Lakeland at The Newport Plan, Gresham Farms Village, Lakeland, FL, 33811 listed at $359,900 pairs $3,785/mo rent with a $1,762/mo payment to leave $1,396/mo cash flow. Total monthly income runs $3,785/mo, and annual cash flow reaches $16,754/yr on $119,307 cash to close. Return on cash invested measures 33.95% in year one, and rental yield registers 12.62% at a $359,900 basis. Equity gained on principal adds $2,322/yr, and annual property appreciation at 5% supports $99,434 by year five. Five-year ROI tracks 178.75% and total cumulative return in cash totals $213,266. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $3,785/mo property income relative to a $1,762/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 2024
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 33811, Lakeland, FL area.
Housing Distribution
Housing Statistics
| 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 |
Housing Distribution
Address Breakdown
Residential
11,509
Single Family
9,579
Multi-Family
1,930
Businesses
603
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