3438 Narrows Dr,Lakeland,FL,33810

Investment Highlights

Rental property for sale in Lakeland at 3438 Narrows Dr, Lakeland, FL, 33810 priced at $353,441 pairs $2,388/mo rent with $42/mo cash flow after a $1,730/mo payment. Total monthly income equals $2,388/mo, and annual cash flow comes to $509/yr on $117,166 invested. Return on cash invested is 20.34% in year one, and rental yield stands at 8.11% on a $353,441 basis. Equity gained on principal adds $2,281/yr, and 5% annual appreciation accumulates to $97,649 by year five. Five-year ROI measures 105.78% and total cumulative return in cash reaches $123,938. For financing, Ziffy Mortgage’s DSCR program evaluates $2,388/mo property income against a $1,730/mo payment instead of your W2s, 1099s, or Tax returns.