1939 Summer Club Dr APT 301OviedoFL32765
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
Investment Highlights
Rental property for sale in Oviedo at 1939 Summer Club Dr APT 301, Oviedo, FL, 32765 generates $2,417/mo in rent and, after a $1,321/mo payment, leaves $36/mo in cash flow. Total monthly income is $2,417/mo, and annual cash flow is $431/yr on $89,472 invested. Return on cash invested sits at 20.39% in year one, and rental yield is 10.75% on a $269,900 entry. Equity gained on principal adds $1,742/yr, while 5% annual appreciation builds toward $74,568 over five years. Five-year ROI reaches 108.89% and total cumulative return in cash sums $97,422. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,417/mo property income rather than buyer’s personal income.
Condo
Built in 1998
412 sqft lot
$N/A/sqft
$590 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
Listed by: Carmelo Ortiz Jr • Avanti Way Realty LLC
Mls Name: Space Coast AOR
Mls ID: #1041751
Disclaimer: IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.