219 Heron StAltamonte SpringsFL32701
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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 Altamonte Springs at 219 Heron St, Altamonte Springs, FL, 32701 with 5% annual appreciation on a $315,000 basis while $2,492/mo rent supports operations. Total monthly income totals $2,492/mo and a $1,542/mo payment preserves $401/mo for cash returns. Annual cash flow comes to $4,816/yr on $104,423 deployed, and return on cash invested reaches 24.52% in year one. Equity gained on principal adds $2,033/yr, and five-year appreciation sums $87,029 alongside rental yield of 9.49%. Five-year ROI measures 128.18% and total cumulative return in cash totals $133,853.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $2,492/mo property income versus a $1,542/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Townhouse
Built in 1994
5,129 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 32701, Altamonte Springs, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 11,985 (100%) |
| Owner Occupied HU | 5,361 (44.7%) |
| Renter Occupied HU | 5,608 (46.8%) |
| Vacant Housing Units | 1,016 ( 8.5%) |
| Median Home Value | $371,252 |
| Average Home Value | $448,180 |
Housing Distribution
Address Breakdown
Residential
10,834
Single Family
8,025
Multi-Family
2,809
Businesses
952
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Listed by: Margo Rochelle • WEICHERT REALTORS HALLMARK PROPERTIES
Mls Name: Stellar MLS
Mls ID: #O6313221