Magnolia Plan, Ironwood,Lakeland,FL,33810

Investment Highlights

Investment property for sale in Lakeland at Magnolia Plan, Ironwood, Lakeland, FL, 33810 with 5% annual appreciation on a $389,200 basis while $2,645/mo rent supports operations. Total monthly income totals $2,645/mo and a $1,905/mo payment preserves $62/mo for cash returns. Annual cash flow comes to $746/yr on $129,020 deployed, and return on cash invested reaches 20.49% in year one. Equity gained on principal adds $2,511/yr, and five-year appreciation sums $107,529 alongside rental yield of 8.16%. Five-year ROI measures 106.56% and total cumulative return in cash totals $137,481.

Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $2,645/mo property income versus a $1,905/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.