2470 Snowy Plover Dr #12040,Lakeland,FL,33810

Investment Highlights

Rental property for sale in Lakeland at 2470 Snowy Plover Dr #12040, Lakeland, FL, 33810 generates $2,262/mo in rent and, after a $881/mo payment, leaves $1,068/mo in cash flow. Total monthly income is $2,262/mo, and annual cash flow is $12,812/yr on $59,637 invested. Return on cash invested sits at 41.39% in year one, and rental yield is 15.09% on a $179,900 entry. Equity gained on principal adds $1,161/yr, while 5% annual appreciation builds toward $49,703 over five years. Five-year ROI reaches 218.66% and total cumulative return in cash sums $130,401. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,262/mo property income rather than buyer’s personal income.