9236 Spatterdock Ct #908,Lakeland,FL,33810

Investment Highlights

Investment property for sale in Lakeland at 9236 Spatterdock Ct #908, Lakeland, FL, 33810 listed at $108,000 pairs $877/mo rent with a $529/mo payment to leave $160/mo cash flow. Total monthly income runs $877/mo, and annual cash flow reaches $1,919/yr on $35,802 cash to close. Return on cash invested measures 25.27% in year one, and rental yield registers 9.74% at a $108,000 basis. Equity gained on principal adds $697/yr, and annual property appreciation at 5% supports $29,838 by year five. Five-year ROI tracks 132.15% and total cumulative return in cash totals $47,312. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $877/mo property income relative to a $529/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).