1011 W 16th StSanfordFL32771
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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
Investment property for sale in Sanford at 1011 W 16th St, Sanford, FL, 32771 offers a 10.2% rental yield on a $255,000 purchase with $2,167/mo rent. Total monthly income registers $2,167/mo, and a $1,248/mo payment leaves $475/mo available for distribution. Annual cash flow reaches $5,698/yr on $84,533 to close, and return on cash invested stands at 26.65% in year one. Equity gained on principal adds $1,645/yr while 5% annual appreciation supports $70,452 over five years. Portfolio math shows five-year ROI at 139.58% and total cumulative return in cash at $117,992. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $2,167/mo property income against a $1,248/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1979
0.28 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 32771, Sanford, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 27,845 (100%) |
| Owner Occupied HU | 14,359 (51.6%) |
| Renter Occupied HU | 11,133 (40.0%) |
| Vacant Housing Units | 2,353 ( 8.5%) |
| Median Home Value | $441,198 |
| Average Home Value | $493,717 |
Housing Distribution
Address Breakdown
Residential
25,241
Single Family
17,667
Multi-Family
7,574
Businesses
1,923
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