1615 Tranquil Ave #1615ClermontFL34714
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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 Clermont at 1615 Tranquil Ave #1615, Clermont, FL, 34714 uses $111,053 cash to close to unlock $9,894/yr annual cash flow and $825/mo monthly cash flow. Total monthly income runs $3,348/mo, and a $1,640/mo payment keeps the spread at $825/mo. Purchase price stands at $335,000, and rental yield measures 11.99% with $3,348/mo rent. Return on cash invested shows 28.82% in year one, and 5% annual appreciation builds toward $92,554 over five years. Five-year ROI reaches 152.39% and total cumulative return in cash records $169,232. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $3,348/mo property income covering a $1,640/mo payment rather than investor’s personal income.
Condo
Built in 2019
1,350 sqft lot
$N/A/sqft
$300 monthly HOA
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Listed by: Moses Nae • MIAMI TANGO INVESTMENTS REALTY
Mls Name: Stellar MLS
Mls Provider:
Mls ID: #O6302155
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