Ashlyn Plan, Myrtlebrook Preserve,Lakeland,FL,33810

Investment Highlights

Rental property for sale in Lakeland at Ashlyn Plan, Myrtlebrook Preserve, Lakeland, FL, 33810 priced at $340,900 converts $2,714/mo rent into $451/mo cash flow after a $1,669/mo obligation. Total monthly income equals $2,714/mo, and annual cash flow totals $5,415/yr on $113,008 invested. Return on cash invested prints 24.7% in year one, and rental yield reads 9.55% against a $340,900 entry. Equity gained on principal adds $2,200/yr, while 5% annual appreciation compiles into $94,184 by year five. Five-year ROI reaches 129.15% and total cumulative return in cash sums $145,945. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $2,714/mo property income covering a $1,669/mo payment, not borrower’s personal income.