2165 Firestone Way #33,Lakeland,FL,33810

Investment Highlights

Investment property for sale in Lakeland at 2165 Firestone Way #33, Lakeland, FL, 33810 offers a 9.59% rental yield on a $144,900 purchase with $1,158/mo rent. Total monthly income registers $1,158/mo, and a $709/mo payment leaves $197/mo available for distribution. Annual cash flow reaches $2,360/yr on $48,034 to close, and return on cash invested stands at 24.82% in year one. Equity gained on principal adds $935/yr while 5% annual appreciation supports $40,033 over five years. Portfolio math shows five-year ROI at 129.81% and total cumulative return in cash at $62,353. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,158/mo property income against a $709/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.