2323 McCoy Rd APT 502Belle 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 APT 502, Belle Isle, FL, 32809 offers a 9.65% rental yield on a $166,800 purchase with $1,342/mo rent. Total monthly income registers $1,342/mo, and a $816/mo payment leaves $28/mo available for distribution. Annual cash flow reaches $338/yr on $55,294 to close, and return on cash invested stands at 20.52% in year one. Equity gained on principal adds $1,076/yr while 5% annual appreciation supports $46,084 over five years. Portfolio math shows five-year ROI at 108.42% and total cumulative return in cash at $59,952. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,342/mo property income against a $816/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Apartment
Built in 2007
10,416 sqft lot
$N/A/sqft
$174 monthly 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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