DOWNING II Plan, Millstone,Lakeland,FL,33810

Investment Highlights

Rental property for sale in Lakeland at DOWNING II Plan, Millstone, Lakeland, FL, 33810 offers $2,388/mo rent that, after a $1,385/mo payment, leaves $510/mo cash flow. Total monthly income is $2,388/mo, and annual cash flow is $6,122/yr on $93,811 cash. Return on cash invested measures 26.43% in year one, and rental yield stands at 10.13% at a $282,990 entry. Equity gained on principal adds $1,826/yr while 5% annual appreciation compounds into $78,185 by year five. Five-year ROI records 138.47% and total cumulative return in cash reaches $129,899. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $2,388/mo property income versus a $1,385/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.