








A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |


Investment property for sale in Lakeland at 222 Carpenters Way APT 10, Lakeland, FL, 33805 listed at $225,000 pairs $2,040/mo rent with a $1,101/mo payment to leave $339/mo cash flow. Total monthly income runs $2,040/mo, and annual cash flow reaches $4,062/yr on $74,588 cash to close. Return on cash invested measures 25.35% in year one, and rental yield registers 10.88% at a $225,000 basis. Equity gained on principal adds $1,452/yr, and annual property appreciation at 5% supports $62,163 by year five. Five-year ROI tracks 133.87% and total cumulative return in cash totals $99,849. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $2,040/mo property income relative to a $1,101/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Townhouse
Built in 1989
871 sqft lot
$N/A/sqft
$200 monthly HOA
Neighborhood data shown for ZIP Code: 33805, Lakeland, FL area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 11,939 (100%) |
| Owner Occupied HU | 5,346 (44.8%) |
| Renter Occupied HU | 5,621 (47.1%) |
| Vacant Housing Units | 972 ( 8.1%) |
| Median Home Value | $208,779 |
| Average Home Value | $240,920 |
Residential
11,165
Single Family
7,516
Multi-Family
3,649
Businesses
479
Date | Event | Price |
|---|---|---|
| 2024-11-21 | Listed for sale | $225,000 |
| 2024-03-08 | Listing removed | N/A |
| 2024-02-28 | Listed for rent | $1,900 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2023-12-25 | $2105.54 | 20.12% | $115,500 | 62.38% |
| 2022-12-25 | $1752.90 | 18.79% | $71,128 | 10.00% |
| 2021-12-25 | $1475.61 | 9.26% | $64,662 | 10.00% |



Listed by: Melissa McIntosh • S & D REAL ESTATE SERVICE LLC
Mls Name: Stellar MLS
Mls Provider:
Mls ID: #L4948994
Disclaimer: IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed. Some IDX listings have been excluded from this website. Listing Information presented by local MLS brokerage: Zillow, Inc - (407) 904-3511