1075 David Walker Dr UNIT C1TavaresFL32778
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
Investment property for sale in Tavares at 1075 David Walker Dr UNIT C1, Tavares, FL, 32778 uses $67,958 cash to close to unlock $3,840/yr annual cash flow and $320/mo monthly cash flow. Total monthly income runs $1,680/mo, and a $1,003/mo payment keeps the spread at $320/mo. Purchase price stands at $205,000, and rental yield measures 9.83% with $1,680/mo rent. Return on cash invested shows 25.56% in year one, and 5% annual appreciation builds toward $56,638 over five years. Five-year ROI reaches 133.73% and total cumulative return in cash records $90,882. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,680/mo property income covering a $1,003/mo payment rather than investor’s personal income.
Condo
Built in 2011
1,341 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 32778, Tavares, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 13,282 (100%) |
| Owner Occupied HU | 9,028 (68.0%) |
| Renter Occupied HU | 2,520 (19.0%) |
| Vacant Housing Units | 1,734 (13.1%) |
| Median Home Value | $290,642 |
| Average Home Value | $332,532 |
Housing Distribution
Address Breakdown
Residential
12,348
Single Family
10,449
Multi-Family
1,899
Businesses
945
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices