8424 Kathleen Rd #BQOFGC,Lakeland,FL,33810

Investment Highlights

Rental property for sale in Lakeland at 8424 Kathleen Rd #BQOFGC, Lakeland, FL, 33810 priced at $481,000 converts $3,452/mo rent into $260/mo cash flow after a $2,354/mo obligation. Total monthly income equals $3,452/mo, and annual cash flow totals $3,123/yr on $159,452 invested. Return on cash invested prints 21.87% in year one, and rental yield reads 8.61% against a $481,000 entry. Equity gained on principal adds $3,104/yr, while 5% annual appreciation compiles into $132,891 by year five. Five-year ROI reaches 113.94% and total cumulative return in cash sums $181,687. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $3,452/mo property income covering a $2,354/mo payment, not borrower’s personal income.