1400 Banana Rd #62, Lakeland, FL, 33810 | $117/mo Cash Flow

For Sale

Currently Rented

Ziffy Mortgage

NMLS #2625701

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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

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Investment Highlights

Investment property for sale in Lakeland at 1400 Banana Rd #62, Lakeland, FL, 33810 uses $39,084 cash to close to unlock $1,400/yr annual cash flow and $117/mo monthly cash flow. Total monthly income runs $899/mo, and a $577/mo payment keeps the spread at $117/mo. Purchase price stands at $117,900, and rental yield measures 9.15% with $899/mo rent. Return on cash invested shows 23.49% in year one, and 5% annual appreciation builds toward $32,574 over five years. Five-year ROI reaches 122.68% and total cumulative return in cash records $47,948. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $899/mo property income covering a $577/mo payment rather than investor’s personal income.

Manufactured

Built in 2021

N/A lot

$N/A/sqft

No HOA