261 E 1st StChuluotaFL32766
INVESTMENT ANALYSIS
Investment Verdict
Solid IncomeSolid, durable, and financeable, 261 E 1st St, Chuluota, FL, 32766 in Chuluota earns a 9.58% gross yield at $349,500. Rent of $2,790/mo nets $471/mo after the $1,572/mo mortgage. The 1.77 DSCR signals clean DSCR underwriting through Ziffy Mortgage, with no personal income verification required. Five-year value growth of $96,560 and $3,219/yr in equity accumulation project a total cumulative return of $163,511.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 9.6% | 6.5% |
| Monthly Cash Flow | $471 | $1,500 |
City averages based on Chuluota market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $2,790 |
| Total Monthly Debt Service | $2,180 |
| DSCR Ratio | 1.28x |
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.
Single Family
Built in 1958
0.26 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 32766, Oviedo, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 5,444 (100%) |
| Owner Occupied HU | 4,826 (88.6%) |
| Renter Occupied HU | 538 ( 9.9%) |
| Vacant Housing Units | 80 ( 1.5%) |
| Median Home Value | $598,793 |
| Average Home Value | $626,371 |
Housing Distribution
Address Breakdown
Residential
5,376
Single Family
5,328
Multi-Family
48
Businesses
64
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
Single Family
Built in 1958
0.26 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 32766, Oviedo, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 5,444 (100%) |
| Owner Occupied HU | 4,826 (88.6%) |
| Renter Occupied HU | 538 ( 9.9%) |
| Vacant Housing Units | 80 ( 1.5%) |
| Median Home Value | $598,793 |
| Average Home Value | $626,371 |
Housing Distribution
Address Breakdown
Residential
5,376
Single Family
5,328
Multi-Family
48
Businesses
64
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices