2323 McCoy Rd #801Belle 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 #801, Belle Isle, FL, 32809 uses $59,007 cash to close to unlock $2,004/yr annual cash flow and $167/mo monthly cash flow. Total monthly income runs $1,348/mo, and a $871/mo payment keeps the spread at $167/mo. Purchase price stands at $178,000, and rental yield measures 9.09% with $1,348/mo rent. Return on cash invested shows 23.3% in year one, and 5% annual appreciation builds toward $49,178 over five years. Five-year ROI reaches 121.63% and total cumulative return in cash records $71,773. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,348/mo property income covering a $871/mo payment rather than investor’s personal income.
Condo
Built in 1973
N/A 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: Daisy Danna • Cube Realty
Mls Name: MIAMI
Mls ID: #A11953666