8471 Madrid St,Lakeland,FL,33810

Investment Highlights

Investment property for sale in Lakeland at 8471 Madrid St, Lakeland, FL, 33810 listed at $360,990 pairs $2,219/mo rent with a $1,767/mo payment. Total monthly income runs $2,219/mo. Return on cash invested measures 18.14% in year one, and rental yield registers 7.38% at a $360,990 basis. Equity gained on principal adds $2,329/yr, and annual property appreciation at 5% supports $99,735 by year five. Five-year ROI tracks 93.95% and total cumulative return in cash totals $112,424. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $2,219/mo property income relative to a $1,767/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).