9890 Grackle Loop #1515,Lakeland,FL,33810

Investment Highlights

Rental property for sale in Lakeland at 9890 Grackle Loop #1515, Lakeland, FL, 33810 generates $996/mo in rent and, after a $616/mo payment, leaves $161/mo in cash flow. Total monthly income is $996/mo, and annual cash flow is $1,929/yr on $41,736 invested. Return on cash invested sits at 24.53% in year one, and rental yield is 9.49% on a $125,900 entry. Equity gained on principal adds $812/yr, while 5% annual appreciation builds toward $34,784 over five years. Five-year ROI reaches 128.23% and total cumulative return in cash sums $53,520. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $996/mo property income rather than buyer’s personal income.