1012 W Fairbanks AveOrlandoFL32804
INVESTMENT ANALYSIS
Investment Verdict
Steady Equity BuilderHigh DSCR is a competitive advantage at closing. 1012 W Fairbanks Ave, Orlando, FL, 32804 in Orlando achieves 1.55, rent of $2,456/mo covers the $1,585/mo payment 1.5x over at $352,400. Rental yield 7.99%. That makes it both an efficient operational hold and a straightforward underwrite for Ziffy Mortgage's DSCR program. No domestic credit history or income documentation required. Appreciation at 5%/yr adds $97,362 over five years, with $3,246/yr in principal reduction bringing total projected return to $136,239.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 8% | 6.1% |
| Monthly Cash Flow | $(39) | $1,850 |
City averages based on Orlando market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $2,456 |
| Total Monthly Debt Service | $2,292 |
| DSCR Ratio | 1.07x |
Ziffy Mortgage: Your DSCR most likely meets our 1.0+ requirement, so you'll most probably qualify for our standard DSCR investment loan program. To pre-qualify, book time with your loan officer →
Estimates assume 6.0% rate / 30-yr fixed, 30% down, 1% tax, 0.5% insurance. Not a commitment to lend.
Single Family
Built in 1952
6,534 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
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
Single Family
Built in 1952
6,534 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