1124 E 1st AveMount DoraFL32757
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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 Mount Dora at 1124 E 1st Ave, Mount Dora, FL, 32757 offers a 5.37% rental yield on a $539,000 purchase with $2,410/mo rent. 16% in year one. Equity gained on principal adds $3,478/yr while 5% annual appreciation supports $148,916 over five years. Portfolio math shows five-year ROI at 61.89% and total cumulative return in cash at $109,752. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $2,410/mo property income against a $2,638/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Multi Family
Built in 1951
0.28 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 32757, Mount Dora, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 16,234 (100%) |
| Owner Occupied HU | 10,496 (64.7%) |
| Renter Occupied HU | 4,239 (26.1%) |
| Vacant Housing Units | 1,499 ( 9.2%) |
| Median Home Value | $421,562 |
| Average Home Value | $469,682 |
Housing Distribution
Address Breakdown
Residential
14,393
Single Family
11,966
Multi-Family
2,427
Businesses
887
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Listed by: Olga Ray • A2Z REALTY GROUP
Mls Name: Stellar MLS
Mls Provider:
Mls ID: #O6288491
Disclaimer: IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed. Some IDX listings have been excluded from this website. Listing Information presented by local MLS brokerage: Zillow, Inc - (407) 904-3511