2431 Snowy Plover Dr,Lakeland,FL,33810

Investment Highlights

Rental property for sale in Lakeland at 2431 Snowy Plover Dr, Lakeland, FL, 33810 generates $1,238/mo in rent and, after a $783/mo payment, leaves $177/mo in cash flow. Total monthly income is $1,238/mo, and annual cash flow is $2,118/yr on $53,007 invested. Return on cash invested sits at 23.9% in year one, and rental yield is 9.29% on a $159,900 entry. Equity gained on principal adds $1,032/yr, while 5% annual appreciation builds toward $44,177 over five years. Five-year ROI reaches 124.91% and total cumulative return in cash sums $66,210. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,238/mo property income rather than buyer’s personal income.