Ambrosia Plan, Ironwood,Lakeland,FL,33810

Investment Highlights

Rental property for sale in Lakeland at Ambrosia Plan, Ironwood, Lakeland, FL, 33810 priced at $329,800 converts $2,431/mo rent into $243/mo cash flow after a $1,614/mo obligation. Total monthly income equals $2,431/mo, and annual cash flow totals $2,911/yr on $109,329 invested. Return on cash invested prints 22.57% in year one, and rental yield reads 8.85% against a $329,800 entry. Equity gained on principal adds $2,128/yr, while 5% annual appreciation compiles into $91,118 by year five. Five-year ROI reaches 117.71% and total cumulative return in cash sums $128,696. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $2,431/mo property income covering a $1,614/mo payment, not borrower’s personal income.