1400 Banana Rd #159,Lakeland,FL,33810

Investment Highlights

Investment property for sale in Lakeland at 1400 Banana Rd #159, Lakeland, FL, 33810 offers a 23.68% rental yield on a $110,900 purchase with $2,188/mo rent. Total monthly income registers $2,188/mo, and a $543/mo payment leaves $1,452/mo available for distribution. Annual cash flow reaches $17,422/yr on $36,763 to close, and return on cash invested stands at 67.3% in year one. Equity gained on principal adds $716/yr while 5% annual appreciation supports $30,640 over five years. Portfolio math shows five-year ROI at 357.6% and total cumulative return in cash at $131,466. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $2,188/mo property income against a $543/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.