1950 Lake Markham RdSanfordFL32771
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
Investment property for sale in Sanford at 1950 Lake Markham Rd, Sanford, FL, 32771 uses $185,591 cash to close to unlock $2,970/yr annual cash flow and $248/mo monthly cash flow. Total monthly income runs $3,991/mo, and a $2,761/mo payment keeps the spread at $248/mo. Purchase price stands at $564,107, and rental yield measures 8.49% with $3,991/mo rent. Return on cash invested shows 21.66% in year one, and 5% annual appreciation builds toward $155,852 over five years. Five-year ROI reaches 112.8% and total cumulative return in cash records $209,351. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $3,991/mo property income covering a $2,761/mo payment rather than investor’s personal income.
Single Family
Built in 2003
0.80 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 32771, Sanford, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 27,845 (100%) |
| Owner Occupied HU | 14,359 (51.6%) |
| Renter Occupied HU | 11,133 (40.0%) |
| Vacant Housing Units | 2,353 ( 8.5%) |
| Median Home Value | $441,198 |
| Average Home Value | $493,717 |
Housing Distribution
Address Breakdown
Residential
25,241
Single Family
17,667
Multi-Family
7,574
Businesses
1,923
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices