1711 Chestnut AveWinter ParkFL32789
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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
Rental property for sale in Winter Park at 1711 Chestnut Ave, Winter Park, FL, 32789 generates $3,484/mo in rent, after a $5,090/mo payment. Total monthly income is $3,484/mo. Return on cash invested sits at 8.2% in year one, and rental yield is 4.02% on a $1,040,000 entry. Equity gained on principal adds $6,711/yr, while 5% annual appreciation builds toward $287,333 over five years. Five-year ROI reaches 40.55% and total cumulative return in cash sums $136,654. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $3,484/mo property income rather than buyer’s personal income.
Single Family
Built in 1963
0.36 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 32789, Winter Park, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 13,162 (100%) |
| Owner Occupied HU | 7,259 (55.2%) |
| Renter Occupied HU | 4,650 (35.3%) |
| Vacant Housing Units | 1,253 ( 9.5%) |
| Median Home Value | $770,712 |
| Average Home Value | $918,605 |
Housing Distribution
Address Breakdown
Residential
12,522
Single Family
10,829
Multi-Family
1,693
Businesses
1,980
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Listed by: Courtney Pelfrey • MILLER GRANT AND COMPANY
Mls Name: Stellar MLS
Mls ID: #O6335913