2604 Lemon Tree Ln #COrlandoFL32839
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
Rental property for sale in Orlando at 2604 Lemon Tree Ln #C, Orlando, FL, 32839 priced at $108,000 converts $812/mo rent into $95/mo cash flow after a $529/mo obligation. Total monthly income equals $812/mo, and annual cash flow totals $1,139/yr on $35,802 invested. Return on cash invested prints 23.09% in year one, and rental yield reads 9.02% against a $108,000 entry. Equity gained on principal adds $697/yr, while 5% annual appreciation compiles into $29,838 by year five. Five-year ROI reaches 120.48% and total cumulative return in cash sums $43,136. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $812/mo property income covering a $529/mo payment, not borrower’s personal income.
Condo
Built in 1976
858 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