8463 Madrid St,Lakeland,FL,33810

Investment Highlights

Investment property for sale in Lakeland at 8463 Madrid St, Lakeland, FL, 33810 listed at $310,990 pairs $2,388/mo rent with a $1,522/mo payment to leave $324/mo cash flow. Total monthly income runs $2,388/mo, and annual cash flow reaches $3,892/yr on $103,093 cash to close. Return on cash invested measures 23.68% in year one, and rental yield registers 9.21% at a $310,990 basis. Equity gained on principal adds $2,007/yr, and annual property appreciation at 5% supports $85,921 by year five. Five-year ROI tracks 123.7% and total cumulative return in cash totals $127,530. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $2,388/mo property income relative to a $1,522/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).