2580 Grassy Point Dr UNIT 106Lake MaryFL32746
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 Lake Mary at 2580 Grassy Point Dr UNIT 106, Lake Mary, FL, 32746 earns $71/mo cash flow from $2,077/mo rent with a $954/mo payment. Total monthly income totals $2,077/mo, and annual cash flow totals $853/yr on $64,643 capital. ROI tracks 21.23% on current figures, and rental yield reads 12.78% at a $195,000 purchase. Equity gained on principal adds $1,258/yr, and 5% annual appreciation supports $53,875 over five years. Five-year ROI reaches 115.37% and total cumulative return in cash sums $74,578. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $2,077/mo property income instead of your personal income.
Condo
Built in 1991
477 sqft lot
$N/A/sqft
$651 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 32746, Lake Mary, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 19,109 (100%) |
| Owner Occupied HU | 11,363 (59.5%) |
| Renter Occupied HU | 6,806 (35.6%) |
| Vacant Housing Units | 940 ( 4.9%) |
| Median Home Value | $486,341 |
| Average Home Value | $559,537 |
Housing Distribution
Address Breakdown
Residential
19,489
Single Family
13,964
Multi-Family
5,525
Businesses
1,616
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Lourdes Valdes • FUSILIER MANAGEMENT GROUP
Mls Name: Stellar MLS
Mls Provider:
Mls ID: #O6316010
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. Some IDX listings have been excluded from this website. Listing Information presented by local MLS brokerage: Zillow, Inc - (407) 904-3511