1902 Honour Rd APT 8OrlandoFL32839
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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 Orlando at 1902 Honour Rd APT 8, Orlando, FL, 32839 generates $1,490/mo in rent and, after a $612/mo payment, leaves $660/mo in cash flow. Total monthly income is $1,490/mo, and annual cash flow is $7,923/yr on $41,438 invested. Return on cash invested sits at 39.03% in year one, and rental yield is 14.3% on a $125,000 entry. Equity gained on principal adds $807/yr, while 5% annual appreciation builds toward $34,535 over five years. Five-year ROI reaches 206.06% and total cumulative return in cash sums $85,385. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,490/mo property income rather than buyer’s personal income.
Condo
Built in 1979
4.52 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 32839, Orlando, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 24,252 (100%) |
| Owner Occupied HU | 5,169 (21.3%) |
| Renter Occupied HU | 17,439 (71.9%) |
| Vacant Housing Units | 1,644 ( 6.8%) |
| Median Home Value | $349,585 |
| Average Home Value | $425,986 |
Housing Distribution
Address Breakdown
Residential
21,786
Single Family
8,789
Multi-Family
12,997
Businesses
875
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