1509 Cedar Lake DrOrlandoFL32824
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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 1509 Cedar Lake Dr, Orlando, FL, 32824 earns from $3,428/mo rent with a $2,325/mo payment. Total monthly income totals $3,428/mo. ROI tracks 19.57% on current figures, and rental yield reads 8.66% at a $475,000 purchase. Equity gained on principal adds $3,065/yr, and 5% annual appreciation supports $131,234 over five years. Five-year ROI reaches 102.5% and total cumulative return in cash sums $161,407. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $3,428/mo property income instead of your personal income.
Single Family
Built in 2005
7,990 sqft lot
$N/A/sqft
$125 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
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Listed by: Jesse Turner • JESSE TURNER REALTY, INC
Mls Name: Stellar MLS
Mls Provider:
Mls ID: #O6319420
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