2518 Red Bird Ln #1412,Lakeland,FL,33810

Investment Highlights

Investment property for sale in Lakeland at 2518 Red Bird Ln #1412, Lakeland, FL, 33810 earns $117/mo cash flow from $893/mo rent with a $572/mo payment. Total monthly income totals $893/mo, and annual cash flow totals $1,409/yr on $38,752 capital. ROI tracks 23.54% on current figures, and rental yield reads 9.17% at a $116,900 purchase. Equity gained on principal adds $754/yr, and 5% annual appreciation supports $32,297 over five years. Five-year ROI reaches 123.01% and total cumulative return in cash sums $47,670. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $893/mo property income instead of your personal income.