1516 Sparrow StLongwoodFL32750
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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 Longwood at 1516 Sparrow St, Longwood, FL, 32750 offers a 7.71% rental yield on a $359,900 purchase with $2,311/mo rent. 13% in year one. Equity gained on principal adds $2,322/yr while 5% annual appreciation supports $99,434 over five years. Portfolio math shows five-year ROI at 99.27% and total cumulative return in cash at $118,430. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $2,311/mo property income against a $1,762/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1974
7,835 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 32750, Longwood, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 10,803 (100%) |
| Owner Occupied HU | 7,368 (68.2%) |
| Renter Occupied HU | 3,026 (28.0%) |
| Vacant Housing Units | 409 ( 3.8%) |
| Median Home Value | $435,828 |
| Average Home Value | $477,730 |
Housing Distribution
Address Breakdown
Residential
10,901
Single Family
10,022
Multi-Family
879
Businesses
2,150
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