111 Raintree DrCasselberryFL32707
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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 Casselberry at 111 Raintree Dr, Casselberry, FL, 32707 priced at $305,900 converts $1,792/mo rent into after a $1,497/mo obligation. Total monthly income equals $1,792/mo. Return on cash invested prints 17.1% in year one, and rental yield reads 7.03% against a $305,900 entry. Equity gained on principal adds $1,974/yr, while 5% annual appreciation compiles into $84,515 by year five. Five-year ROI reaches 88.38% and total cumulative return in cash sums $89,620. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $1,792/mo property income covering a $1,497/mo payment, not borrower’s personal income.
Townhouse
Built in 1979
2,484 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 32707, Casselberry, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 16,623 (100%) |
| Owner Occupied HU | 10,272 (61.8%) |
| Renter Occupied HU | 5,554 (33.4%) |
| Vacant Housing Units | 797 ( 4.8%) |
| Median Home Value | $385,969 |
| Average Home Value | $407,860 |
Housing Distribution
Address Breakdown
Residential
16,471
Single Family
13,250
Multi-Family
3,221
Businesses
896
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Listed by: Ralph Harvey • LISTWITHFREEDOM.COM
Mls Name: Stellar MLS
Mls ID: #W7881778