5837 Manchester Dr W,Lakeland,FL,33810

Investment Highlights

Investment property for sale in Lakeland at 5837 Manchester Dr W, Lakeland, FL, 33810 offers a 8.48% rental yield on a $409,000 purchase with $2,891/mo rent. Total monthly income registers $2,891/mo, and a $2,002/mo payment leaves $177/mo available for distribution. Annual cash flow reaches $2,120/yr on $135,584 to close, and return on cash invested stands at 21.47% in year one. Equity gained on principal adds $2,639/yr while 5% annual appreciation supports $112,999 over five years. Portfolio math shows five-year ROI at 111.81% and total cumulative return in cash at $151,593. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $2,891/mo property income against a $2,002/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.