1958 Altamonte WayThe VillagesFL32162
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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 The Villages at 1958 Altamonte Way, The Villages, FL, 32162 generates $2,532/mo in rent, after a $1,909/mo payment. Total monthly income is $2,532/mo. Return on cash invested sits at 19.39% in year one, and rental yield is 7.79% on a $390,000 entry. Equity gained on principal adds $2,517/yr, while 5% annual appreciation builds toward $107,750 over five years. Five-year ROI reaches 100.63% and total cumulative return in cash sums $130,100. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,532/mo property income rather than buyer’s personal income.
Single Family
Built in 2010
4,206 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 32162, Lady Lake, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 36,298 (100%) |
| Owner Occupied HU | 29,241 (80.6%) |
| Renter Occupied HU | 2,093 ( 5.8%) |
| Vacant Housing Units | 4,964 (13.7%) |
| Median Home Value | $430,983 |
| Average Home Value | $481,545 |
Housing Distribution
Address Breakdown
Residential
35,031
Single Family
528
Multi-Family
34,503
Businesses
418
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Listed by: Jennifer Raby • RE/MAX SELECT PARTNERS
Mls Name: Stellar MLS
Mls ID: #G5105398