1550 Saint Moritz Way,Lakeland,FL,33810

Investment Highlights

Rental property for sale in Lakeland at 1550 Saint Moritz Way, Lakeland, FL, 33810 priced at $182,000 converts $1,400/mo rent into $192/mo cash flow after a $891/mo obligation. Total monthly income equals $1,400/mo, and annual cash flow totals $2,304/yr on $60,333 invested. Return on cash invested prints 23.73% in year one, and rental yield reads 9.23% against a $182,000 entry. Equity gained on principal adds $1,174/yr, while 5% annual appreciation compiles into $50,283 by year five. Five-year ROI reaches 124.01% and total cumulative return in cash sums $74,817. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $1,400/mo property income covering a $891/mo payment, not borrower’s personal income.