1828 Lemon Drop CtApopkaFL32712
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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 Apopka at 1828 Lemon Drop Ct, Apopka, FL, 32712 priced at $257,897 converts $2,652/mo rent into $941/mo cash flow after a $1,262/mo obligation. Total monthly income equals $2,652/mo, and annual cash flow totals $11,290/yr on $85,493 invested. Return on cash invested prints 33.11% in year one, and rental yield reads 12.34% against a $257,897 entry. Equity gained on principal adds $1,664/yr, while 5% annual appreciation compiles into $71,252 by year five. Five-year ROI reaches 174.24% and total cumulative return in cash sums $148,961. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $2,652/mo property income covering a $1,262/mo payment, not borrower’s personal income.
Townhouse
Built in 2016
1,197 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 32712, Apopka, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 18,958 (100%) |
| Owner Occupied HU | 15,346 (80.9%) |
| Renter Occupied HU | 2,854 (15.1%) |
| Vacant Housing Units | 758 ( 4.0%) |
| Median Home Value | $482,986 |
| Average Home Value | $525,404 |
Housing Distribution
Address Breakdown
Residential
18,514
Single Family
17,531
Multi-Family
983
Businesses
511
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