202 Springview DrSanfordFL32773
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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 Sanford at 202 Springview Dr, Sanford, FL, 32773 offers a 8.3% rental yield on a $335,500 purchase with $2,320/mo rent. Total monthly income registers $2,320/mo, and a $1,642/mo payment leaves $94/mo available for distribution. Annual cash flow reaches $1,124/yr on $111,218 to close, and return on cash invested stands at 20.92% in year one. Equity gained on principal adds $2,165/yr while 5% annual appreciation supports $92,692 over five years. Portfolio math shows five-year ROI at 108.84% and total cumulative return in cash at $121,053. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $2,320/mo property income against a $1,642/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1985
9,001 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 32773, Sanford, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 14,008 (100%) |
| Owner Occupied HU | 8,027 (57.3%) |
| Renter Occupied HU | 5,226 (37.3%) |
| Vacant Housing Units | 755 ( 5.4%) |
| Median Home Value | $337,016 |
| Average Home Value | $357,944 |
Housing Distribution
Address Breakdown
Residential
13,065
Single Family
9,064
Multi-Family
4,001
Businesses
733
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