2219 Ridgewind WayWindermereFL34786
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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 Windermere at 2219 Ridgewind Way, Windermere, FL, 34786 generates $5,305/mo in rent, after a $6,847/mo payment. Total monthly income is $5,305/mo. Return on cash invested sits at 9.84% in year one, and rental yield is 4.55% on a $1,399,000 entry. Equity gained on principal adds $9,028/yr, while 5% annual appreciation builds toward $386,518 over five years. Five-year ROI reaches 49.34% and total cumulative return in cash sums $223,637. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $5,305/mo property income rather than buyer’s personal income.
Single Family
Built in 1997
0.63 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 34786, Windermere, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 16,680 (100%) |
| Owner Occupied HU | 10,727 (64.3%) |
| Renter Occupied HU | 4,784 (28.7%) |
| Vacant Housing Units | 1,169 ( 7.0%) |
| Median Home Value | $657,942 |
| Average Home Value | $813,864 |
Housing Distribution
Address Breakdown
Residential
17,247
Single Family
14,334
Multi-Family
2,913
Businesses
1,159
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Listed by: Hilary Hall • COMPASS FLORIDA LLC
Mls Name: Stellar MLS
Mls ID: #O6337719