1223 Lucaya CirOrlandoFL32824
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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 Orlando at 1223 Lucaya Cir, Orlando, FL, 32824 offers a 8.46% rental yield on a $229,900 purchase with $1,620/mo rent. Total monthly income registers $1,620/mo, and a $1,125/mo payment leaves $95/mo available for distribution. Annual cash flow reaches $1,135/yr on $76,212 to close, and return on cash invested stands at 21.4% in year one. Equity gained on principal adds $1,484/yr while 5% annual appreciation supports $63,517 over five years. Portfolio math shows five-year ROI at 111.43% and total cumulative return in cash at $84,923. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,620/mo property income against a $1,125/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Townhouse
Built in 1993
2,275 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 32824, Orlando, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 20,460 (100%) |
| Owner Occupied HU | 13,687 (66.9%) |
| Renter Occupied HU | 5,929 (29.0%) |
| Vacant Housing Units | 844 ( 4.1%) |
| Median Home Value | $435,109 |
| Average Home Value | $450,106 |
Housing Distribution
Address Breakdown
Residential
19,872
Single Family
16,023
Multi-Family
3,849
Businesses
1,100
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