250 Cortland AveWinter ParkFL32789
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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
Rental property for sale in Winter Park at 250 Cortland Ave, Winter Park, FL, 32789 priced at $960,000 pairs $5,274/mo rent with after a $4,699/mo payment. Total monthly income equals $5,274/mo. Return on cash invested is 15.89% in year one, and rental yield stands at 6.59% on a $960,000 basis. Equity gained on principal adds $6,195/yr, and 5% annual appreciation accumulates to $265,230 by year five. Five-year ROI measures 81.85% and total cumulative return in cash reaches $258,525. For financing, Ziffy Mortgage’s DSCR program evaluates $5,274/mo property income against a $4,699/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 1981
8,276 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 32789, Winter Park, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 13,162 (100%) |
| Owner Occupied HU | 7,259 (55.2%) |
| Renter Occupied HU | 4,650 (35.3%) |
| Vacant Housing Units | 1,253 ( 9.5%) |
| Median Home Value | $770,712 |
| Average Home Value | $918,605 |
Housing Distribution
Address Breakdown
Residential
12,522
Single Family
10,829
Multi-Family
1,693
Businesses
1,980
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Listed by: Alexandra Nordine • EXP Realty, LLC
Mls Name: Space Coast AOR
Mls ID: #1055403