1324 Summerlin AveSanfordFL32771
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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 Sanford at 1324 Summerlin Ave, Sanford, FL, 32771 uses $59,206 cash to close to unlock $12,695/yr annual cash flow and $1,058/mo monthly cash flow. Total monthly income runs $2,243/mo, and a $874/mo payment keeps the spread at $1,058/mo. Purchase price stands at $178,600, and rental yield measures 15.07% with $2,243/mo rent. Return on cash invested shows 41.35% in year one, and 5% annual appreciation builds toward $49,344 over five years. Five-year ROI reaches 218.43% and total cumulative return in cash records $129,321. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,243/mo property income covering a $874/mo payment rather than investor’s personal income.
Single Family
Built in 1953
0.43 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 32771, Sanford, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 27,845 (100%) |
| Owner Occupied HU | 14,359 (51.6%) |
| Renter Occupied HU | 11,133 (40.0%) |
| Vacant Housing Units | 2,353 ( 8.5%) |
| Median Home Value | $441,198 |
| Average Home Value | $493,717 |
Housing Distribution
Address Breakdown
Residential
25,241
Single Family
17,667
Multi-Family
7,574
Businesses
1,923
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