1909 Summer Club Dr APT 311OviedoFL32765
INVESTMENT ANALYSIS
Investment Verdict
Solid Income1909 Summer Club Dr APT 311, Oviedo, FL, 32765 in Oviedo carries a 1.59 coverage ratio, rent of $2,040/mo is 1.59 times the $1,281/mo payment. Rental yield 8.59%. That margin gives both the investor and Ziffy Mortgage's DSCR underwriting a comfortable buffer at a $284,888 acquisition price. No U.S. credit or income documentation required. Five-year appreciation adds $78,709; total projected cumulative return: $95,818.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 8.6% | 6.0% |
| Monthly Cash Flow | $(224) | $250 |
City averages based on Oviedo market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $2,040 |
| Total Monthly Debt Service | $2,150 |
| DSCR Ratio | 0.95x |
Ziffy Mortgage typically prefers a DSCR of 1.0+, but in some cases you may qualify with a DSCR below 1. To explore if this deal qualifies for an investment mortgage, book time with your loan officer →
Estimates assume 6.0% rate / 30-yr fixed, 30% down, 1% tax, 0.5% insurance. Not a commitment to lend.
Condo
Built in 1998
558 sqft lot
$N/A/sqft
$373 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 32765, Oviedo, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 25,332 (100%) |
| Owner Occupied HU | 16,263 (64.2%) |
| Renter Occupied HU | 8,015 (31.6%) |
| Vacant Housing Units | 1,054 ( 4.2%) |
| Median Home Value | $493,574 |
| Average Home Value | $547,777 |
Housing Distribution
Address Breakdown
Residential
24,128
Single Family
19,491
Multi-Family
4,637
Businesses
1,464
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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
Condo
Built in 1998
558 sqft lot
$N/A/sqft
$373 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 32765, Oviedo, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 25,332 (100%) |
| Owner Occupied HU | 16,263 (64.2%) |
| Renter Occupied HU | 8,015 (31.6%) |
| Vacant Housing Units | 1,054 ( 4.2%) |
| Median Home Value | $493,574 |
| Average Home Value | $547,777 |
Housing Distribution
Address Breakdown
Residential
24,128
Single Family
19,491
Multi-Family
4,637
Businesses
1,464
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices