1400 Banana Rd LOT 20,Lakeland,FL,33810

Investment Highlights

Rental property for sale in Lakeland at 1400 Banana Rd LOT 20, Lakeland, FL, 33810 generates $900/mo in rent and, after a $587/mo payment, leaves $104/mo in cash flow. Total monthly income is $900/mo, and annual cash flow is $1,250/yr on $39,747 invested. Return on cash invested sits at 23.05% in year one, and rental yield is 9.01% on a $119,900 entry. Equity gained on principal adds $774/yr, while 5% annual appreciation builds toward $33,126 over five years. Five-year ROI reaches 120.4% and total cumulative return in cash sums $47,856. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $900/mo property income rather than buyer’s personal income.