2738 Lake Grassmere Cir #1884ZellwoodFL32798
INVESTMENT ANALYSIS
Investment Verdict
Strong Cash Flow2738 Lake Grassmere Cir #1884, Zellwood, FL, 32798 in Zellwood earns its strong cash-flow label: 13.87% yield, $2,600/mo rent, $692/mo net income, DSCR 2.57. The $225,000 acquisition cost produces immediate returns that put this property in the top tier for U.S. income assets accessible via Ziffy Mortgage's rental-income underwriting. Long-term, 5% annual appreciation adds $62,163 by year five. Combined with $2,072/yr in principal paydown, total projected return reaches $132,120.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 13.9% | 6.5% |
| Monthly Cash Flow | $692 | $400 |
City averages based on Zellwood market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $2,600 |
| Total Monthly Debt Service | $1,819 |
| DSCR Ratio | 1.43x |
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.
Manufactured
Built in 2006
6,023 sqft lot
$N/A/sqft
$415 monthly 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
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
Manufactured
Built in 2006
6,023 sqft lot
$N/A/sqft
$415 monthly 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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Brenda Broadway • KELLER WILLIAMS REALTY AT THE PARKS
Mls Name: Stellar MLS
Mls Provider:
Mls ID: #O6309959
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