2696 Lake Grassmere Cir #1874ZellwoodFL32798
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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
Investment property for sale in Zellwood at 2696 Lake Grassmere Cir #1874, Zellwood, FL, 32798 uses $94,478 cash to close to unlock $11,503/yr annual cash flow and $959/mo monthly cash flow. Total monthly income runs $2,850/mo, and a $1,395/mo payment keeps the spread at $959/mo. Purchase price stands at $285,000, and rental yield measures 12% with $2,850/mo rent. Return on cash invested shows 32.08% in year one, and 5% annual appreciation builds toward $78,740 over five years. Five-year ROI reaches 168.73% and total cumulative return in cash records $159,414. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,850/mo property income covering a $1,395/mo payment rather than investor’s personal income.
Manufactured
Built in 2000
6,053 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 32798, Zellwood, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,674 (100%) |
| Owner Occupied HU | 1,415 (84.5%) |
| Renter Occupied HU | 120 ( 7.2%) |
| Vacant Housing Units | 139 ( 8.3%) |
| Median Home Value | $236,705 |
| Average Home Value | $407,212 |
Housing Distribution
Address Breakdown
Residential
1,630
Single Family
485
Multi-Family
1,145
Businesses
120
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