1801 Northlake DrSanfordFL32773
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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 Sanford at 1801 Northlake Dr, Sanford, FL, 32773 with 5% annual appreciation on a $178,999 basis while $1,895/mo rent supports operations. Total monthly income totals $1,895/mo and a $876/mo payment preserves $660/mo for cash returns. Annual cash flow comes to $7,923/yr on $59,338 deployed, and return on cash invested reaches 33.26% in year one. Equity gained on principal adds $1,155/yr, and five-year appreciation sums $49,454 alongside rental yield of 12.7%. Five-year ROI measures 175.44% and total cumulative return in cash totals $104,102.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $1,895/mo property income versus a $876/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Condo
Built in 1989
435.60 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 32773, Sanford, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 14,008 (100%) |
| Owner Occupied HU | 8,027 (57.3%) |
| Renter Occupied HU | 5,226 (37.3%) |
| Vacant Housing Units | 755 ( 5.4%) |
| Median Home Value | $337,016 |
| Average Home Value | $357,944 |
Housing Distribution
Address Breakdown
Residential
13,065
Single Family
9,064
Multi-Family
4,001
Businesses
733
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