2466 Snowy Plover Dr #12041,Lakeland,FL,33810

Investment Highlights

Investment property for sale in Lakeland at 2466 Snowy Plover Dr #12041, Lakeland, FL, 33810 offers a 9.52% rental yield on a $149,999 purchase with $1,190/mo rent. Total monthly income registers $1,190/mo, and a $734/mo payment leaves $195/mo available for distribution. Annual cash flow reaches $2,337/yr on $49,725 to close, and return on cash invested stands at 24.61% in year one. Equity gained on principal adds $968/yr while 5% annual appreciation supports $41,442 over five years. Portfolio math shows five-year ROI at 128.66% and total cumulative return in cash at $63,978. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,190/mo property income against a $734/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.