1400 Banana Rd #166,Lakeland,FL,33810

Investment Highlights

Investment property for sale in Lakeland at 1400 Banana Rd #166, Lakeland, FL, 33810 uses $44,056 cash to close to unlock $14,406/yr annual cash flow and $1,201/mo monthly cash flow. Total monthly income runs $2,082/mo, and a $650/mo payment keeps the spread at $1,201/mo. Purchase price stands at $132,900, and rental yield measures 18.8% with $2,082/mo rent. Return on cash invested shows 52.61% in year one, and 5% annual appreciation builds toward $36,718 over five years. Five-year ROI reaches 278.81% and total cumulative return in cash records $122,833. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,082/mo property income covering a $650/mo payment rather than investor’s personal income.