241 Dovetail CtApopkaFL32703
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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 Apopka at 241 Dovetail Ct, Apopka, FL, 32703 offers a 11.53% rental yield on a $175,000 purchase with $1,682/mo rent. Total monthly income registers $1,682/mo, and a $857/mo payment leaves $520/mo available for distribution. Annual cash flow reaches $6,243/yr on $58,013 to close, and return on cash invested stands at 30.67% in year one. Equity gained on principal adds $1,129/yr while 5% annual appreciation supports $48,349 over five years. Portfolio math shows five-year ROI at 161.21% and total cumulative return in cash at $93,523. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,682/mo property income against a $857/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1984
1,742 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 32703, Apopka, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 23,661 (100%) |
| Owner Occupied HU | 14,372 (60.7%) |
| Renter Occupied HU | 7,653 (32.3%) |
| Vacant Housing Units | 1,636 ( 6.9%) |
| Median Home Value | $402,799 |
| Average Home Value | $462,059 |
Housing Distribution
Address Breakdown
Residential
21,764
Single Family
17,844
Multi-Family
3,920
Businesses
1,687
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Listed by: Megan Hedrick • Mark Spain Real Estate
Mls Name: Space Coast AOR
Mls ID: #1054405
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.