








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 73, Lakeland, FL, 33805 listed at $229,900 pairs $2,040/mo rent with a $1,125/mo payment to leave $515/mo cash flow. Total monthly income runs $2,040/mo, and annual cash flow reaches $6,175/yr on $76,212 cash to close. Return on cash invested measures 28.01% in year one, and rental yield registers 10.65% at a $229,900 basis. Equity gained on principal adds $1,484/yr, and annual property appreciation at 5% supports $63,517 by year five. Five-year ROI tracks 146.89% and total cumulative return in cash totals $111,947. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $2,040/mo property income relative to a $1,125/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Townhouse
Built in 2008
937 sqft lot
$N/A/sqft
No 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 |
|---|---|---|
| No price history data available | ||
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| No tax history data available | ||||



Listed by: Felicia Nicholson • XCELLENCE REALTY, INC
Mls Name: Stellar MLS
Mls ID: #P4935457