1673 Lakelet LoopOviedoFL32765
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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 Oviedo at 1673 Lakelet Loop, Oviedo, FL, 32765 uses $172,725 cash to close to unlock $6,379/yr annual cash flow and $532/mo monthly cash flow. Total monthly income runs $4,016/mo, and a $2,570/mo payment keeps the spread at $532/mo. Purchase price stands at $525,000, and rental yield measures 9.18% with $4,016/mo rent. Return on cash invested shows 23.75% in year one, and 5% annual appreciation builds toward $145,048 over five years. Five-year ROI reaches 124.02% and total cumulative return in cash records $214,221. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $4,016/mo property income covering a $2,570/mo payment rather than investor’s personal income.
Single Family
Built in 2005
5,742 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 32765, Oviedo, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 25,332 (100%) |
| Owner Occupied HU | 16,263 (64.2%) |
| Renter Occupied HU | 8,015 (31.6%) |
| Vacant Housing Units | 1,054 ( 4.2%) |
| Median Home Value | $493,574 |
| Average Home Value | $547,777 |
Housing Distribution
Address Breakdown
Residential
24,128
Single Family
19,491
Multi-Family
4,637
Businesses
1,464
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