1400 Banana Rd #117,Lakeland,FL,33810

Investment Highlights

Investment property for sale in Lakeland at 1400 Banana Rd #117, Lakeland, FL, 33810 uses $43,095 cash to close to unlock $1,951/yr annual cash flow and $163/mo monthly cash flow. Total monthly income runs $1,025/mo, and a $636/mo payment keeps the spread at $163/mo. Purchase price stands at $130,000, and rental yield measures 9.46% with $1,025/mo rent. Return on cash invested shows 24.44% in year one, and 5% annual appreciation builds toward $35,917 over five years. Five-year ROI reaches 127.73% and total cumulative return in cash records $55,047. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,025/mo property income covering a $636/mo payment rather than investor’s personal income.