185 Waterfall Way UNIT 102Altamonte SpringsFL32714
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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 Altamonte Springs at 185 Waterfall Way UNIT 102, Altamonte Springs, FL, 32714 listed at $178,000 pairs $1,405/mo rent with a $871/mo payment to leave $224/mo cash flow. Total monthly income runs $1,405/mo, and annual cash flow reaches $2,688/yr on $59,007 cash to close. Return on cash invested measures 24.46% in year one, and rental yield registers 9.47% at a $178,000 basis. Equity gained on principal adds $1,149/yr, and annual property appreciation at 5% supports $49,178 by year five. Five-year ROI tracks 127.84% and total cumulative return in cash totals $75,433. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $1,405/mo property income relative to a $871/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Condo
Built in 1985
604 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 32714, Altamonte Springs, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 17,246 (100%) |
| Owner Occupied HU | 7,343 (42.6%) |
| Renter Occupied HU | 8,815 (51.1%) |
| Vacant Housing Units | 1,088 ( 6.3%) |
| Median Home Value | $383,495 |
| Average Home Value | $427,906 |
Housing Distribution
Address Breakdown
Residential
16,682
Single Family
8,826
Multi-Family
7,856
Businesses
1,220
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Listed by: Luz Santana • LA ROSA REALTY KISSIMMEE
Mls Name: Stellar MLS
Mls ID: #S5138097