OFF_MARKETExcellent Deal8 days on market

5160 Drane Field Rd

5160 Drane Field Rd, Lakeland, FL 33811, Lakeland, FL 33811
$625,000

Listing Price

Property image 1
5160 Drane Field Rd, Lakeland, FL 33811
Loc: Lakeland, FL
Days Listed
8
Tax Assessed
$102k
Lot Size
4.17 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

Nearby Schools

Educational options and performance ratings in the area.

5

Southwest Elementary School

PK-5
5.7 mi away
2

Sleepy Hill Middle School

6-8
7.8 mi away
5

George W. Jenkins Senior High School

9-12
8.3 mi away

Property Overview

A stunning investment opportunity in a prime location. This property features modern amenities, spacious living areas, and strong rental potential.

Features & Amenities

Open Floor PlanHardwood FloorsModern KitchenStainless Steel AppliancesCentral Heat/AirLarge BackyardParkingNear Transit

Haven AI Verdict

Recommendation
Pending...
Confidence Score: 0/10
Exercise caution due to potential market volatility.
Cap Rate
8.25%
Total ROI
30.9%
Cash Flow
$1,138/mo
DSCR
1.36
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Data provided by Haven AI. Disclaimer

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10-Year Price Projection

Price & Tax History

Price History

DateEventPricePrice/sqft
2026-07-13Sold$599,000$247
2026-06-18Pending sale$599,000$247
2026-06-15Listed for sale$599,000$247
2026-05-20Pending sale$599,000$247
2026-05-14Listed for sale$599,000$247
2026-05-04Listing removed$625,000$258
2026-04-20Listed for sale$625,000$258

Tax History

YearProperty TaxTax Assessment
2019$2,267.2$101,575
2018$2,267.2$96,655
2017$2,155.13$86,154
Nathaniel Pitchon-Getzels Logo
Getzels Group
Haven Team
CalRE #01884947
Call / Text
818.535.5337

Property Specs

Beds
4
Baths
3
Sq Ft
2,423
Institutional Underwriting Ledger

Investment Numbers & Operating Model

Standardized cash flow underwriting modeled with state tax schedules, regional insurance hazard risk, and disciplined operating reserves.

Data Sources:MLS List Price: $625,000Rent Basis: Modeled Estimate ($5,000/mo)State Tax Benchmark: 0.98% (FL)Hazard Reserve: $313/mo
Haven ScoreNeutral
4/ 10

Multi-factor yield grade

Cap Rate (Unleveraged)
6.63%

NOI: $41,449/yr

Cash-on-Cash Yield
1.8%

On $143,750 invested

DSCR Ratio
1.07x

Tight qualification

5-Yr Leveraged ROI
+103.0%

Equity + cumulative cash

Financing Scenario Controls
Adjust down payment & rates to model your personalized return

Monthly Cash Flow Breakdown

Monthly Operating Deductions
Property Taxes (0.98% of basis)-$83/mo
Homeowner / Hazard Insurance-$313/mo
Vacancy Reserve (5% of rent)-$250/mo
Repairs & Maintenance (10% of rent)-$500/mo
Property Management (8% of rent)-$400/mo
Total Pure Operating Expenses-$1,546/mo
Net Investor Cash Flow
Gross Scheduled Rent+$5,000/mo
Less: Operating Expenses-$1,546/mo
Net Operating Income (NOI)+$3,454/mo
Less: Debt Service (30yr @ 6.75%)-$3,243/mo
Net Cash Flow
$211/mo
$2,533/year
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5160 Drane Field Rd | Lakeland, FL | Haven AI Analysis | Haven by ScoutHavens