2408 Caribbean CtOrlandoFL32805
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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 Orlando at 2408 Caribbean Ct, Orlando, FL, 32805 generates $3,474/mo in rent, after a $3,059/mo payment. Total monthly income is $3,474/mo. Return on cash invested sits at 16.13% in year one, and rental yield is 6.67% on a $625,000 entry. Equity gained on principal adds $4,033/yr, while 5% annual appreciation builds toward $172,676 over five years. Five-year ROI reaches 83.14% and total cumulative return in cash sums $170,953. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $3,474/mo property income rather than buyer’s personal income.
Single Family
Built in 1962
10,000 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 32805, Orlando, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 10,027 (100%) |
| Owner Occupied HU | 3,148 (31.4%) |
| Renter Occupied HU | 6,115 (61.0%) |
| Vacant Housing Units | 764 ( 7.6%) |
| Median Home Value | $269,275 |
| Average Home Value | $359,145 |
Housing Distribution
Address Breakdown
Residential
8,402
Single Family
7,369
Multi-Family
1,033
Businesses
1,355
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices