114 Spring Lake CirOcoeeFL34761
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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 Ocoee at 114 Spring Lake Cir, Ocoee, FL, 34761 earns $678/mo cash flow from $1,972/mo rent with a $954/mo payment. Total monthly income totals $1,972/mo, and annual cash flow totals $8,140/yr on $64,643 capital. ROI tracks 32.5% on current figures, and rental yield reads 12.14% at a $195,000 purchase. Equity gained on principal adds $1,258/yr, and 5% annual appreciation supports $53,875 over five years. Five-year ROI reaches 170.99% and total cumulative return in cash sums $110,530. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $1,972/mo property income instead of your personal income.
Single Family
Built in 1961
8,133 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 34761, Ocoee, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 17,471 (100%) |
| Owner Occupied HU | 12,347 (70.7%) |
| Renter Occupied HU | 4,398 (25.2%) |
| Vacant Housing Units | 726 ( 4.2%) |
| Median Home Value | $439,508 |
| Average Home Value | $473,479 |
Housing Distribution
Address Breakdown
Residential
17,614
Single Family
15,723
Multi-Family
1,891
Businesses
1,352
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Listed by: Marlene De Cespedes • DOUGLAS ELLIMAN
Mls Name: Stellar MLS
Mls Provider:
Mls ID: #O6306092
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