2323 McCoy Rd #711Belle IsleFL32809
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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 Belle Isle at 2323 McCoy Rd #711, Belle Isle, FL, 32809 uses $59,670 cash to close to unlock $2,358/yr annual cash flow and $197/mo monthly cash flow. Total monthly income runs $1,391/mo, and a $881/mo payment keeps the spread at $197/mo. Purchase price stands at $180,000, and rental yield measures 9.27% with $1,391/mo rent. Return on cash invested shows 23.86% in year one, and 5% annual appreciation builds toward $49,731 over five years. Five-year ROI reaches 124.65% and total cumulative return in cash records $74,381. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,391/mo property income covering a $881/mo payment rather than investor’s personal income.
Condo
Built in 2007
10,326 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 32809, Orlando, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 9,910 (100%) |
| Owner Occupied HU | 5,039 (50.8%) |
| Renter Occupied HU | 4,250 (42.9%) |
| Vacant Housing Units | 621 ( 6.3%) |
| Median Home Value | $374,795 |
| Average Home Value | $472,367 |
Housing Distribution
Address Breakdown
Residential
9,721
Single Family
8,061
Multi-Family
1,660
Businesses
2,241
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Listed by: Andres Kaufman • MASTER REAL ESTATE
Mls Name: Stellar MLS
Mls ID: #O6355942