1008 Desert Candle DrOcoeeFL34761
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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 Ocoee at 1008 Desert Candle Dr, Ocoee, FL, 34761 generates $2,842/mo in rent and, after a $1,933/mo payment, leaves $221/mo in cash flow. Total monthly income is $2,842/mo, and annual cash flow is $2,652/yr on $130,943 invested. Return on cash invested sits at 21.93% in year one, and rental yield is 8.63% on a $395,000 entry. Equity gained on principal adds $2,549/yr, while 5% annual appreciation builds toward $109,131 over five years. Five-year ROI reaches 114.31% and total cumulative return in cash sums $149,682. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,842/mo property income rather than buyer’s personal income.
Townhouse
Built in 2021
2,561 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 34761, Ocoee, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 17,471 (100%) |
| Owner Occupied HU | 12,347 (70.7%) |
| Renter Occupied HU | 4,398 (25.2%) |
| Vacant Housing Units | 726 ( 4.2%) |
| Median Home Value | $439,508 |
| Average Home Value | $473,479 |
Housing Distribution
Address Breakdown
Residential
17,614
Single Family
15,723
Multi-Family
1,891
Businesses
1,352
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