245 W Spruce StOrlandoFL32804
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
Investment property for sale in Orlando at 245 W Spruce St, Orlando, FL, 32804 earns $1,786/mo cash flow from $6,000/mo rent with a $3,108/mo payment. Total monthly income totals $6,000/mo, and annual cash flow totals $21,432/yr on $208,915 capital. ROI tracks 30.32% on current figures, and rental yield reads 11.34% at a $635,000 purchase. Equity gained on principal adds $4,098/yr, and 5% annual appreciation supports $175,439 over five years. Five-year ROI reaches 159.24% and total cumulative return in cash sums $332,672. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $6,000/mo property income instead of your personal income.
Single Family
Built in 1954
7,942 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 32804, Orlando, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 10,392 (100%) |
| Owner Occupied HU | 5,981 (57.6%) |
| Renter Occupied HU | 3,653 (35.2%) |
| Vacant Housing Units | 758 ( 7.3%) |
| Median Home Value | $641,815 |
| Average Home Value | $713,871 |
Housing Distribution
Address Breakdown
Residential
9,867
Single Family
8,164
Multi-Family
1,703
Businesses
1,511
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices