20423 Melville StOrlandoFL32833
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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 Orlando at 20423 Melville St, Orlando, FL, 32833 offers a 8.92% rental yield on a $460,000 purchase with $3,420/mo rent. Total monthly income registers $3,420/mo, and a $2,251/mo payment leaves $368/mo available for distribution. Annual cash flow reaches $4,414/yr on $152,490 to close, and return on cash invested stands at 22.8% in year one. Equity gained on principal adds $2,968/yr while 5% annual appreciation supports $127,090 over five years. Portfolio math shows five-year ROI at 118.95% and total cumulative return in cash at $181,393. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $3,420/mo property income against a $2,251/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1996
10,001 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 32833, Orlando, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 4,117 (100%) |
| Owner Occupied HU | 3,374 (82.0%) |
| Renter Occupied HU | 618 (15.0%) |
| Vacant Housing Units | 125 ( 3.0%) |
| Median Home Value | $456,696 |
| Average Home Value | $496,611 |
Housing Distribution
Address Breakdown
Residential
4,124
Single Family
4,073
Multi-Family
51
Businesses
33
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