21 Desoto AveSorrentoFL32776
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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 Sorrento at 21 Desoto Ave, Sorrento, FL, 32776 priced at $119,900 converts $1,053/mo rent into $257/mo cash flow after a $587/mo obligation. Total monthly income equals $1,053/mo, and annual cash flow totals $3,086/yr on $39,747 invested. Return on cash invested prints 27.67% in year one, and rental yield reads 10.54% against a $119,900 entry. Equity gained on principal adds $774/yr, while 5% annual appreciation compiles into $33,126 by year five. Five-year ROI reaches 145.16% and total cumulative return in cash sums $57,696. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $1,053/mo property income covering a $587/mo payment, not borrower’s personal income.
Manufactured
Built in 2023
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 32776, Sorrento, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 4,987 (100%) |
| Owner Occupied HU | 4,160 (83.4%) |
| Renter Occupied HU | 613 (12.3%) |
| Vacant Housing Units | 214 ( 4.3%) |
| Median Home Value | $431,899 |
| Average Home Value | $523,786 |
Housing Distribution
Address Breakdown
Residential
4,866
Single Family
4,866
Multi-Family
0
Businesses
275
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