2340 Little Cypress Dr #1540,Lakeland,FL,33810

Investment Highlights

Investment property for sale in Lakeland at 2340 Little Cypress Dr #1540, Lakeland, FL, 33810 uses $42,764 cash to close to unlock $1,540/yr annual cash flow and $128/mo monthly cash flow. Total monthly income runs $984/mo, and a $631/mo payment keeps the spread at $128/mo. Purchase price stands at $129,000, and rental yield measures 9.15% with $984/mo rent. Return on cash invested shows 23.51% in year one, and 5% annual appreciation builds toward $35,640 over five years. Five-year ROI reaches 122.8% and total cumulative return in cash records $52,513. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $984/mo property income covering a $631/mo payment rather than investor’s personal income.