13146 Orange AveGrand IslandFL32735
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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 Grand Island at 13146 Orange Ave, Grand Island, FL, 32735 uses $41,736 cash to close to unlock $1,617/yr annual cash flow and $135/mo monthly cash flow. Total monthly income runs $970/mo, and a $616/mo payment keeps the spread at $135/mo. Purchase price stands at $125,900, and rental yield measures 9.25% with $970/mo rent. Return on cash invested shows 23.78% in year one, and 5% annual appreciation builds toward $34,784 over five years. Five-year ROI reaches 124.21% and total cumulative return in cash records $51,840. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $970/mo property income covering a $616/mo payment rather than investor’s personal income.
Manufactured
Built in N/A
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 32735, Grand Island, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,664 (100%) |
| Owner Occupied HU | 2,193 (82.3%) |
| Renter Occupied HU | 308 (11.6%) |
| Vacant Housing Units | 163 ( 6.1%) |
| Median Home Value | $360,988 |
| Average Home Value | $482,739 |
Housing Distribution
Address Breakdown
Residential
2,517
Single Family
2,244
Multi-Family
273
Businesses
51
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Listed by: Marty Goff • Re/max Premier Realty
Mls Name: My State MLS
Mls ID: #11217861