23134 Oak Cluster DrSorrentoFL32776
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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 23134 Oak Cluster Dr, Sorrento, FL, 32776 priced at $675,000 converts $6,780/mo rent into $2,245/mo cash flow after a $3,304/mo obligation. Total monthly income equals $6,780/mo, and annual cash flow totals $26,944/yr on $222,075 invested. Return on cash invested prints 32.19% in year one, and rental yield reads 12.05% against a $675,000 entry. Equity gained on principal adds $4,356/yr, while 5% annual appreciation compiles into $186,490 by year five. Five-year ROI reaches 169.39% and total cumulative return in cash sums $376,167. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $6,780/mo property income covering a $3,304/mo payment, not borrower’s personal income.
Single Family
Built in 2005
0.37 Acres lot
$N/A/sqft
$55 monthly 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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Listed by: Moe Mossa • SAVVY AVENUE, LLC
Mls Name: Stellar MLS
Mls Provider:
Mls ID: #A4606838
Disclaimer: IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed. Some IDX listings have been excluded from this website. Listing Information presented by local MLS brokerage: Zillow, Inc - (407) 904-3511