1111 Ermine AveWinter SpringsFL32708
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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 Winter Springs at 1111 Ermine Ave, Winter Springs, FL, 32708 listed at $455,000 pairs $3,953/mo rent with a $2,227/mo payment to leave $934/mo cash flow. Total monthly income runs $3,953/mo, and annual cash flow reaches $11,202/yr on $150,833 cash to close. Return on cash invested measures 27.34% in year one, and rental yield registers 10.43% at a $455,000 basis. Equity gained on principal adds $2,936/yr, and annual property appreciation at 5% supports $125,708 by year five. Five-year ROI tracks 143.26% and total cumulative return in cash totals $216,088. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $3,953/mo property income relative to a $2,227/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1977
0.73 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 32708, Winter Springs, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 20,014 (100%) |
| Owner Occupied HU | 14,147 (70.7%) |
| Renter Occupied HU | 5,169 (25.8%) |
| Vacant Housing Units | 698 ( 3.5%) |
| Median Home Value | $453,597 |
| Average Home Value | $511,340 |
Housing Distribution
Address Breakdown
Residential
19,491
Single Family
16,074
Multi-Family
3,417
Businesses
716
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Listed by: Christy Fauquher • PERFECT FIT PROPERTIES
Mls Name: Stellar MLS
Mls ID: #O6334622