2019 Altamonte WayThe VillagesFL32162
Nearby investment properties with comparable rents
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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
Investment property for sale in The Villages at 2019 Altamonte Way, The Villages, FL, 32162 uses $119,274 cash to close to unlock $244/yr annual cash flow and $20/mo monthly cash flow. Total monthly income runs $2,408/mo, and a $1,761/mo payment keeps the spread at $20/mo. Purchase price stands at $359,800, and rental yield measures 8.03% with $2,408/mo rent. Return on cash invested shows 20.11% in year one, and 5% annual appreciation builds toward $99,406 over five years. Five-year ROI reaches 104.55% and total cumulative return in cash records $124,699. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,408/mo property income covering a $1,761/mo payment rather than investor’s personal income.
Single Family
Built in 2010
3,785 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: Deb Adelman • REALTY EXECUTIVES IN THE VILLAGES
Mls Name: Stellar MLS
Mls ID: #G5104747