1002 W Par St #16OrlandoFL32804
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Ziffy AI Summary
A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |
- Attractive rent-to-price ratio for income stability
- Good fit for DSCR financing with healthy coverage
Investment Highlights
Rental property for sale in Orlando at 1002 W Par St #16, Orlando, FL, 32804 generates $2,003/mo in rent and, after a $1,057/mo payment, leaves $570/mo in cash flow. Total monthly income is $2,003/mo, and annual cash flow is $6,838/yr on $71,604 invested. Return on cash invested sits at 29.46% in year one, and rental yield is 11.13% on a $216,000 entry. Equity gained on principal adds $1,394/yr, while 5% annual appreciation builds toward $59,677 over five years. Five-year ROI reaches 154.64% and total cumulative return in cash sums $110,727. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,003/mo property income rather than buyer’s personal income.
Condo
Built in 1982
3,308 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 32804, Orlando, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 10,392 (100%) |
| Owner Occupied HU | 5,981 (57.6%) |
| Renter Occupied HU | 3,653 (35.2%) |
| Vacant Housing Units | 758 ( 7.3%) |
| Median Home Value | $641,815 |
| Average Home Value | $713,871 |
Housing Distribution
Address Breakdown
Residential
9,867
Single Family
8,164
Multi-Family
1,703
Businesses
1,511
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices