1309 Coral Bean LnWinter SpringsFL32708
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
Rental property for sale in Winter Springs at 1309 Coral Bean Ln, Winter Springs, FL, 32708 offers $2,443/mo rent that, after a $2,271/mo payment. Total monthly income is $2,443/mo. Return on cash invested measures 12.17% in year one, and rental yield stands at 6.32% at a $463,990 entry. Equity gained on principal adds $2,994/yr while 5% annual appreciation compounds into $128,192 by year five. Five-year ROI records 62.92% and total cumulative return in cash reaches $96,786. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $2,443/mo property income versus a $2,271/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Townhouse
Built in 2024
1,742 sqft lot
$N/A/sqft
$356 monthly 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: Elizabeth Manchester • MATTAMY REAL ESTATE SERVICES
Mls Name: Stellar MLS
Mls Provider:
Mls ID: #O6277116
Disclaimer: IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed. Some IDX listings have been excluded from this website. Listing Information presented by local MLS brokerage: Zillow, Inc - (407) 904-3511