2015 Erving Cir APT 307OcoeeFL34761
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 Ocoee at 2015 Erving Cir APT 307, Ocoee, FL, 34761 listed at $209,000 pairs $1,964/mo rent with a $1,023/mo payment to leave $115/mo cash flow. Total monthly income runs $1,964/mo, and annual cash flow reaches $1,379/yr on $69,284 cash to close. Return on cash invested measures 21.9% in year one, and rental yield registers 11.28% at a $209,000 basis. Equity gained on principal adds $1,349/yr, and annual property appreciation at 5% supports $57,743 by year five. Five-year ROI tracks 117.02% and total cumulative return in cash totals $81,074. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $1,964/mo property income relative to a $1,023/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Condo
Built in 2001
0.33 Acres lot
$N/A/sqft
$402 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 34761, Ocoee, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 17,471 (100%) |
| Owner Occupied HU | 12,347 (70.7%) |
| Renter Occupied HU | 4,398 (25.2%) |
| Vacant Housing Units | 726 ( 4.2%) |
| Median Home Value | $439,508 |
| Average Home Value | $473,479 |
Housing Distribution
Address Breakdown
Residential
17,614
Single Family
15,723
Multi-Family
1,891
Businesses
1,352
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Maqueli Gewehr • WRA BUSINESS & REAL ESTATE
Mls Name: Stellar MLS
Mls Provider:
Mls ID: #O6326029
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. Some IDX listings have been excluded from this website. Listing Information presented by local MLS brokerage: Zillow, Inc - (407) 904-3511