1163 Paseo Del Mar APT BCasselberryFL32707
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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 Casselberry at 1163 Paseo Del Mar APT B, Casselberry, FL, 32707 listed at $178,900 pairs $1,439/mo rent with a $876/mo payment to leave $251/mo cash flow. Total monthly income runs $1,439/mo, and annual cash flow reaches $3,017/yr on $59,305 cash to close. Return on cash invested measures 25% in year one, and rental yield registers 9.65% at a $178,900 basis. Equity gained on principal adds $1,154/yr, and annual property appreciation at 5% supports $49,427 by year five. Five-year ROI tracks 130.73% and total cumulative return in cash totals $77,527. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $1,439/mo property income relative to a $876/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Condo
Built in 1972
560 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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Carrie Sue Shawfield • SHAWFIELD REALTY GROUP
Mls Name: Stellar MLS
Mls ID: #O6306794