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Price: $300K - 500K
Monthly Cash Flow: 1 - 3k+
Home Type: Single Family
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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 14, Lakeland, FL, 33805 listed at $194,900 pairs $2,040/mo rent with a $954/mo payment to leave $537/mo cash flow. Total monthly income runs $2,040/mo, and annual cash flow reaches $6,446/yr on $64,609 cash to close. Return on cash invested measures 29.89% in year one, and rental yield registers 12.56% at a $194,900 basis. Equity gained on principal adds $1,258/yr, and annual property appreciation at 5% supports $53,847 by year five. Five-year ROI tracks 158.4% and total cumulative return in cash totals $102,339. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $2,040/mo property income relative to a $954/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Townhouse
Built in 1997
867 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 |
|---|---|---|
| 2019-09-25 | Listing removed | $1,200 |
| 2019-09-20 | Price change | $1,200 |
| 2019-08-21 | Listed for rent | $1,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2023-11-19 | $1847.54 | -5.42% | $95,167 | 10.00% |
| 2022-11-19 | $1953.40 | 17.56% | $86,515 | 10.00% |
| 2021-11-19 | $1661.58 | 9.28% | $78,650 | 10.00% |
Listed by: Jana Lutz • COLDWELL BANKER REALTY
Mls Name: Stellar MLS
Mls Provider:
Mls ID: #L4947638
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
