Sophia Plan, Myrtlebrook Preserve,Lakeland,FL,33810

Investment Highlights

Investment property for sale in Lakeland at Sophia Plan, Myrtlebrook Preserve, Lakeland, FL, 33810 at $357,900 posts ROI 23.92% with $397/mo cash flow from $2,772/mo rent. Total monthly income equals $2,772/mo, and annual cash flow records $4,760/yr on $118,644 to close. Return on cash invested measures 23.92% and rental yield reads 9.29% at the current $357,900. Equity gained on principal adds $2,309/yr, and 5% annual appreciation supports $98,881 by year five. Five-year ROI prints 124.94% and total cumulative return in cash totals $148,234.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $2,772/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).