1400 Banana Rd #169LakelandFL33810
INVESTMENT ANALYSIS
Investment Verdict
Strong Cash FlowDay-one income is the story at 1400 Banana Rd #169, Lakeland, FL, 33810 in Lakeland. Priced at $117,900, it generates $2,083/mo in gross rent and $1,301/mo in net monthly cash flow, a 21.2% yield that comfortably supports the 3.93 DSCR needed for Ziffy Mortgage's no-W2 DSCR mortgage. Projected annual cash flow: $15,610. Five-year appreciation: $32,574. Equity from principal paydown: $1,086/yr. Total projected cumulative return: $128,643.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 21.2% | 7.0% |
| Monthly Cash Flow | $1,301 | $1,500 |
City averages based on Lakeland market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $2,083 |
| Total Monthly Debt Service | $735 |
| DSCR Ratio | 2.83x |
Ziffy Mortgage: Your DSCR most likely meets our 1.0+ requirement, so you'll most probably qualify for our standard DSCR investment loan program. To pre-qualify, book time with your loan officer →
Estimates assume 6.0% rate / 30-yr fixed, 30% down, 1% tax, 0.5% insurance. Not a commitment to lend.
Manufactured
Built in 2022
N/A lot
$N/A/sqft
No HOA
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Ziffy AI Summary
A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |
- Attractive rent-to-price ratio for income stability
- Good fit for DSCR financing with healthy coverage
Manufactured
Built in 2022
N/A lot
$N/A/sqft
No HOA
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices