111 E 8th 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
Rental property for sale in Sanford at 111 E 8th St, Sanford, FL, 32771 priced at $435,000 pairs $2,842/mo rent with after a $2,129/mo payment. Total monthly income equals $2,842/mo. Return on cash invested is 19.54% in year one, and rental yield stands at 7.84% on a $435,000 basis. Equity gained on principal adds $2,807/yr, and 5% annual appreciation accumulates to $120,182 by year five. Five-year ROI measures 101.44% and total cumulative return in cash reaches $146,280. For financing, Ziffy Mortgage’s DSCR program evaluates $2,842/mo property income against a $2,129/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 1920
2,250 sqft 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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