1400 Banana Rd #26LakelandFL33810
INVESTMENT ANALYSIS
Investment Verdict
Strong Cash FlowIf cash-on-cash performance is your primary filter, 1400 Banana Rd #26, Lakeland, FL, 33810 in Lakeland deserves attention. This $105,900 property earns $3,505/mo in rent, a 39.72% gross yield, and nets $2,802/mo after the $476/mo payment. DSCR 7.36 makes it one of the cleaner DSCR underwriting candidates Ziffy Mortgage sees in this market. Five-year appreciation of $29,258 compounds alongside $975/yr in yearly equity build, for a total cumulative return of $220,727.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 39.7% | 7.0% |
| Monthly Cash Flow | $2,802 | $1,500 |
City averages based on Lakeland market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $3,505 |
| Total Monthly Debt Service | $661 |
| DSCR Ratio | 5.31x |
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 2021
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 2021
N/A lot
$N/A/sqft
No HOA
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices