12420 Turtle Grass DrOrlandoFL32824
INVESTMENT ANALYSIS
Investment Verdict
Solid IncomeWhen a property's DSCR clears 1.5x, lenders and investors both pay attention. 12420 Turtle Grass Dr, Orlando, FL, 32824 in Orlando achieves a 1.55 ratio at $460,000: $3,209/mo rent versus $2,068/mo debt service. Rental yield 8.37%. Ziffy Mortgage's no-W2 DSCR loan is purpose-built for assets like this. The 8.37% yield compounds alongside 5% annual appreciation projecting $127,090 in value. Total projected cumulative return: $168,068.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 8.4% | 6.1% |
| Monthly Cash Flow | $(133) | $1,850 |
City averages based on Orlando market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $3,209 |
| Total Monthly Debt Service | $3,159 |
| DSCR Ratio | 1.02x |
Ziffy Mortgage: Your DSCR most likely meets our 1.0+ requirement, so you'll most probably qualify for our standard DSCR investment loan program. To pre-qualify, book time with your loan officer →
Estimates assume 6.0% rate / 30-yr fixed, 30% down, 1% tax, 0.5% insurance. Not a commitment to lend.
Townhouse
Built in 2019
2,496 sqft lot
$N/A/sqft
$198 monthly 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
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
Townhouse
Built in 2019
2,496 sqft lot
$N/A/sqft
$198 monthly 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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Sandra Dos Santos Amorim • DE PAULA REALTY USA INC.
Mls Name: Stellar MLS
Mls Provider:
Mls ID: #O6266415
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