For SaleRisky Deal6 days on market

130 Ribbon Pkwy

130 Ribbon Pkwy, Lake Wales, FL 33898, Lake Wales, FL 33898
$369,990

Listing Price

Would this property work as an investment?

Review estimated cash flow, financing assumptions and risks before deciding. Estimates are a starting point; verify rent, expenses and availability independently.

Property image 1
130 Ribbon Pkwy, Lake Wales, FL 33898
Directions
Loc: Lake Wales, FL
Days Listed
6
Lot Size
0.36 acres
Type
single family

More Than Just a Property

We believe a home extends beyond its walls. That's why we help you explore the pulse of the community—from top-rated schools to essential emergency services. Your safety, well-being, and connection to the neighborhood matter to us.

4.9
Safety Score
A+
Schools

Property Overview

No property narrative or remarks were supplied in the source listing records. Underwriting and financial metrics are calculated directly from public record data and MLS attributes.

Features & Amenities

waterfrontlake viewranch stylemetal roofguesthousemulti-structurestone courtyarddouble garagepergolabalconypalm treesscenic

Haven AI Verdict

Homeowner Evaluation
Prime Home
Confidence Score: 10/10
Buying beats renting: Breakeven reached in ~3 years with positive equity accumulation.
Estimated monthly housing cost: $2,407/mo with 0% landlord overhead.
Monthly PITI
$2,407/mo
P&I, Taxes, Ins & HOA
5-Yr Equity
+$80,159
Appreciation & Paydown
Rent vs Buy
+$83,203
7-Year Net Worth Edge
Breakeven
Year 3
When Buying Beats Renting
Was this AI Verdict accurate?

Data provided by Haven AI. Disclaimer

Haven AI

Estimated monthly cost of ownership is $2,407/mo (PITI + HOA). Over a 7-year stay, buying provides an estimated $83,203 net-worth advantage over renting, reaching breakeven around year 3.

Strengths
  • • +$80,159 estimated 5-year equity growth
  • • Prime residential neighborhood in Lake Wales, FL
  • • Zero landlord overhead: 0% property management or tenant vacancy risk
Considerations
  • • Budget for routine maintenance (~1% of home value annually)
  • • Confirm local property tax assessments and insurance coverage

10-Year Price Projection

Nathaniel Pitchon-Getzels Logo
Getzels Group
Haven Team
CalRE #01884947
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Property Specs

Beds
5
Baths
5
Sq Ft
2,154

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