2586 Grand Central Pkwy APT 3OrlandoFL32839
INVESTMENT ANALYSIS
Investment Verdict
Solid IncomeTight but positive: 2586 Grand Central Pkwy APT 3, Orlando, FL, 32839 in Orlando at $248,000 earns $1,707/mo in rent and nets $61/mo after the $1,115/mo payment, a 8.26% yield with limited short-term income headroom. The equity story offsets the thin monthly spread: 5% annual appreciation adds $68,518 over five years. Ziffy Mortgage underwrites this on a 1.53 DSCR without U.S. credit history. With $2,284/yr in principal paydown, total projected return reaches $98,537.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 8.3% | 6.1% |
| Monthly Cash Flow | $61 | $1,850 |
City averages based on Orlando market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $1,707 |
| Total Monthly Debt Service | $1,547 |
| DSCR Ratio | 1.10x |
Ziffy Mortgage: Your DSCR most likely meets our 1.0+ requirement, so you'll most probably qualify for our standard DSCR investment loan program. To pre-qualify, book time with your loan officer →
Estimates assume 6.0% rate / 30-yr fixed, 30% down, 1% tax, 0.5% insurance. Not a commitment to lend.
Condo
Built in 2006
851 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 32839, Orlando, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 24,252 (100%) |
| Owner Occupied HU | 5,169 (21.3%) |
| Renter Occupied HU | 17,439 (71.9%) |
| Vacant Housing Units | 1,644 ( 6.8%) |
| Median Home Value | $349,585 |
| Average Home Value | $425,986 |
Housing Distribution
Address Breakdown
Residential
21,786
Single Family
8,789
Multi-Family
12,997
Businesses
875
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
Condo
Built in 2006
851 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 32839, Orlando, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 24,252 (100%) |
| Owner Occupied HU | 5,169 (21.3%) |
| Renter Occupied HU | 17,439 (71.9%) |
| Vacant Housing Units | 1,644 ( 6.8%) |
| Median Home Value | $349,585 |
| Average Home Value | $425,986 |
Housing Distribution
Address Breakdown
Residential
21,786
Single Family
8,789
Multi-Family
12,997
Businesses
875
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices