120 Morning Glory DrLake MaryFL32746
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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 Lake Mary at 120 Morning Glory Dr, Lake Mary, FL, 32746 at $399,900 posts ROI 21.96% with $227/mo cash flow from $2,880/mo rent. Total monthly income equals $2,880/mo, and annual cash flow records $2,718/yr on $132,567 to close. Return on cash invested measures 21.96% and rental yield reads 8.64% at the current $399,900. Equity gained on principal adds $2,580/yr, and 5% annual appreciation supports $110,485 by year five. Five-year ROI prints 114.43% and total cumulative return in cash totals $151,700.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $2,880/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 1979
10,800 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 32746, Lake Mary, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 19,109 (100%) |
| Owner Occupied HU | 11,363 (59.5%) |
| Renter Occupied HU | 6,806 (35.6%) |
| Vacant Housing Units | 940 ( 4.9%) |
| Median Home Value | $486,341 |
| Average Home Value | $559,537 |
Housing Distribution
Address Breakdown
Residential
19,489
Single Family
13,964
Multi-Family
5,525
Businesses
1,616
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