1400 Banana Rd #26,Lakeland,FL,33810

Investment Highlights

Investment property for sale in Lakeland at 1400 Banana Rd #26, Lakeland, FL, 33810 offers a 39.72% rental yield on a $105,900 purchase with $3,505/mo rent. Total monthly income registers $3,505/mo, and a $518/mo payment leaves $2,803/mo available for distribution. Annual cash flow reaches $33,631/yr on $35,106 to close, and return on cash invested stands at 115.71% in year one. Equity gained on principal adds $683/yr while 5% annual appreciation supports $29,258 over five years. Portfolio math shows five-year ROI at 617.22% and total cumulative return in cash at $216,680. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $3,505/mo property income against a $518/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.