1530 Longbow Dr,Lakeland,FL,33810

Investment Highlights

Rental property for sale in Lakeland at 1530 Longbow Dr, Lakeland, FL, 33810 generates $1,236/mo in rent and, after a $759/mo payment, leaves $207/mo in cash flow. Total monthly income is $1,236/mo, and annual cash flow is $2,484/yr on $51,383 invested. Return on cash invested sits at 24.74% in year one, and rental yield is 9.57% on a $155,000 entry. Equity gained on principal adds $1,000/yr, while 5% annual appreciation builds toward $42,824 over five years. Five-year ROI reaches 129.44% and total cumulative return in cash sums $66,508. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,236/mo property income rather than buyer’s personal income.