220 E Desoto St UNIT 4-8ClermontFL34711
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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 Clermont at 220 E Desoto St UNIT 4-8, Clermont, FL, 34711 earns $50/mo cash flow from $2,040/mo rent with a $1,468/mo payment. Total monthly income totals $2,040/mo, and annual cash flow totals $594/yr on $99,450 capital. ROI tracks 20.51% on current figures, and rental yield reads 8.16% at a $300,000 purchase. Equity gained on principal adds $1,936/yr, and 5% annual appreciation supports $82,884 over five years. Five-year ROI reaches 106.64% and total cumulative return in cash sums $106,056. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $2,040/mo property income instead of your personal income.
Condo
Built in 1975
1,504 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 34711, Clermont, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 31,044 (100%) |
| Owner Occupied HU | 21,931 (70.6%) |
| Renter Occupied HU | 6,996 (22.5%) |
| Vacant Housing Units | 2,117 ( 6.8%) |
| Median Home Value | $424,658 |
| Average Home Value | $469,761 |
Housing Distribution
Address Breakdown
Residential
28,165
Single Family
26,859
Multi-Family
1,306
Businesses
1,398
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