111 N Cervidae DrApopkaFL32703
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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 Apopka at 111 N Cervidae Dr, Apopka, FL, 32703 priced at $355,000 converts $2,461/mo rent into $105/mo cash flow after a $1,738/mo obligation. Total monthly income equals $2,461/mo, and annual cash flow totals $1,257/yr on $117,683 invested. Return on cash invested prints 20.98% in year one, and rental yield reads 8.32% against a $355,000 entry. Equity gained on principal adds $2,291/yr, while 5% annual appreciation compiles into $98,080 by year five. Five-year ROI reaches 109.16% and total cumulative return in cash sums $128,460. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $2,461/mo property income covering a $1,738/mo payment, not borrower’s personal income.
Single Family
Built in 1995
8,241 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 32703, Apopka, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 23,661 (100%) |
| Owner Occupied HU | 14,372 (60.7%) |
| Renter Occupied HU | 7,653 (32.3%) |
| Vacant Housing Units | 1,636 ( 6.9%) |
| Median Home Value | $402,799 |
| Average Home Value | $462,059 |
Housing Distribution
Address Breakdown
Residential
21,764
Single Family
17,844
Multi-Family
3,920
Businesses
1,687
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