1636 Tropical CtTavaresFL32778
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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 Tavares at 1636 Tropical Ct, Tavares, FL, 32778 uses $82,046 cash to close to unlock $8,207/yr annual cash flow and $684/mo monthly cash flow. Total monthly income runs $2,471/mo, and a $1,211/mo payment keeps the spread at $684/mo. Purchase price stands at $247,500, and rental yield measures 11.98% with $2,471/mo rent. Return on cash invested shows 29.91% in year one, and 5% annual appreciation builds toward $68,380 over five years. Five-year ROI reaches 157.83% and total cumulative return in cash records $129,497. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,471/mo property income covering a $1,211/mo payment rather than investor’s personal income.
Single Family
Built in 1994
4,190 sqft lot
$N/A/sqft
$145 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 32778, Tavares, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 13,282 (100%) |
| Owner Occupied HU | 9,028 (68.0%) |
| Renter Occupied HU | 2,520 (19.0%) |
| Vacant Housing Units | 1,734 (13.1%) |
| Median Home Value | $290,642 |
| Average Home Value | $332,532 |
Housing Distribution
Address Breakdown
Residential
12,348
Single Family
10,449
Multi-Family
1,899
Businesses
945
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Listed by: Judy Blundell • VISIONARY PROPERTIES INC
Mls Name: Stellar MLS
Mls Provider:
Mls ID: #G5086586
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