Strongest cash flow on the slate at $1,905/month with tenants on lease through July 2026. A producing 3-bed, 2-bath in Lakeland’s central rental market. Proven income, proven layout, day-one yield.
Quick Snapshot
- Property type: Single-family home
- Beds / Baths: 3 beds, 2 baths
- Living area: 1,146 sqft
- List price: $229,900
- Current rent: $1,905 per month
- Security deposit: $1,700
- Lease expiration: 07/31/2026
- Estimated ARV: $275,000
Why This Deal Works
- Only 3-bedroom, 2-bath layout in the package, the premium configuration that commands top rent and attracts longer-tenure tenants
- $1,905/month on a $229,900 list price is the highest gross rent yield of any property in this group
- Tenants on lease through 07/31/2026, so the buyer steps into a producing asset with roughly three months to plan the renewal or market reset
- Combee Settlement and central Lakeland location pulls steady demand from Polk County’s blue-collar workforce
Investment Highlights
- Annualized rent of $22,860 = ~9.9% gross yield, the highest of any property in this 6-property package
- 3-bed, 2-bath layout is the premium SFR configuration, commanding rent ceiling, resale ceiling, and longer average tenancy
- Lease expiration of 07/31/2026 lines up with peak Florida leasing season, an ideal window to renew higher or re-lease at top market
- ~$45,000 ARV spread provides strong equity-capture margin for value-add, refinance, or 1031 exchange exit
Investment Highlights
- Annualized rent of $21,420 = ~9.3% gross yield on list, one of the strongest in coastal Pasco at this price band
- 10+ months of guaranteed cash flow already on the books before any re-leasing decision is required
- ~$38,000 ARV spread provides immediate equity buffer for cash-out refi, 1031 exchange, or quick resale
- Sits within a 5-minute drive of the US-19 retail and employment corridor, keeping tenant demand consistent year-round
Additional Information:
Ready to move forward or need more details? Contact Jorge Vazquez today at 813-679-6177 or email jorge@graystoneig.com to discuss this opportunity and get your questions answered.
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