121 N Fairfax 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
Rental property for sale in Winter Springs at 121 N Fairfax Ave, Winter Springs, FL, 32708 priced at $345,000 pairs $2,456/mo rent with $166/mo cash flow after a $1,689/mo payment. Total monthly income equals $2,456/mo, and annual cash flow comes to $1,993/yr on $114,368 invested. Return on cash invested is 21.65% in year one, and rental yield stands at 8.54% on a $345,000 basis. Equity gained on principal adds $2,226/yr, and 5% annual appreciation accumulates to $95,317 by year five. Five-year ROI measures 112.81% and total cumulative return in cash reaches $129,016. For financing, Ziffy Mortgage’s DSCR program evaluates $2,456/mo property income against a $1,689/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 1959
8,722 sqft 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: Ruben Cabrera • AVILA & ASSOCIATES REALTY
Mls Name: Stellar MLS
Mls ID: #S5132787