1069 Covington StOviedoFL32765
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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 Oviedo at 1069 Covington St, Oviedo, FL, 32765 listed at $389,000 pairs $2,584/mo rent with a $1,904/mo payment to leave $2/mo cash flow. Total monthly income runs $2,584/mo, and annual cash flow reaches $30/yr on $128,954 cash to close. Return on cash invested measures 19.93% in year one, and rental yield registers 7.97% at a $389,000 basis. Equity gained on principal adds $2,510/yr, and annual property appreciation at 5% supports $107,474 by year five. Five-year ROI tracks 103.56% and total cumulative return in cash totals $133,542. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $2,584/mo property income relative to a $1,904/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1990
5,639 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 32765, Oviedo, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 25,332 (100%) |
| Owner Occupied HU | 16,263 (64.2%) |
| Renter Occupied HU | 8,015 (31.6%) |
| Vacant Housing Units | 1,054 ( 4.2%) |
| Median Home Value | $493,574 |
| Average Home Value | $547,777 |
Housing Distribution
Address Breakdown
Residential
24,128
Single Family
19,491
Multi-Family
4,637
Businesses
1,464
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