1633 W Oak Ridge Rd UNIT 1633BOrlandoFL32809
INVESTMENT ANALYSIS
Investment Verdict
Solid IncomeSolid fundamentals define the investment case at 1633 W Oak Ridge Rd UNIT 1633B, Orlando, FL, 32809 in Orlando: $1,745/mo in rent, $318/mo in net income, 9.74% gross yield, 2.68 DSCR, all at $145,000. Ziffy Mortgage's DSCR mortgage qualifies using the property's income alone, clearing approval without U.S. residency or credit. Five-year equity from $40,061 in appreciation and $1,335/yr in principal paydown projects total cumulative return of $89,818.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 9.7% | 6.1% |
| Monthly Cash Flow | $318 | $1,850 |
City averages based on Orlando market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $1,745 |
| Total Monthly Debt Service | $1,169 |
| DSCR Ratio | 1.49x |
Ziffy Mortgage: Your DSCR most likely meets our 1.0+ requirement, so you'll most probably qualify for our standard DSCR investment loan program. To pre-qualify, book time with your loan officer →
Estimates assume 6.0% rate / 30-yr fixed, 30% down, 1% tax, 0.5% insurance. Not a commitment to lend.
Condo
Built in 1969
3,417 sqft lot
$N/A/sqft
$264 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 32809, Orlando, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 9,910 (100%) |
| Owner Occupied HU | 5,039 (50.8%) |
| Renter Occupied HU | 4,250 (42.9%) |
| Vacant Housing Units | 621 ( 6.3%) |
| Median Home Value | $374,795 |
| Average Home Value | $472,367 |
Housing Distribution
Address Breakdown
Residential
9,721
Single Family
8,061
Multi-Family
1,660
Businesses
2,241
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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
Condo
Built in 1969
3,417 sqft lot
$N/A/sqft
$264 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 32809, Orlando, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 9,910 (100%) |
| Owner Occupied HU | 5,039 (50.8%) |
| Renter Occupied HU | 4,250 (42.9%) |
| Vacant Housing Units | 621 ( 6.3%) |
| Median Home Value | $374,795 |
| Average Home Value | $472,367 |
Housing Distribution
Address Breakdown
Residential
9,721
Single Family
8,061
Multi-Family
1,660
Businesses
2,241
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Elgis Quinones Benitez • LA ROSA REALTY KISSIMMEE
Mls Name: Stellar MLS
Mls Provider:
Mls ID: #S5109802
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