280 Windmeadows St UNIT 280Altamonte SpringsFL32701
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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 Altamonte Springs at 280 Windmeadows St UNIT 280, Altamonte Springs, FL, 32701 uses $71,902 cash to close to unlock $7,539/yr annual cash flow and $628/mo monthly cash flow. Total monthly income runs $2,068/mo, and a $1,062/mo payment keeps the spread at $628/mo. Purchase price stands at $216,900, and rental yield measures 11.44% with $2,068/mo rent. Return on cash invested shows 30.39% in year one, and 5% annual appreciation builds toward $59,925 over five years. Five-year ROI reaches 159.7% and total cumulative return in cash records $114,826. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,068/mo property income covering a $1,062/mo payment rather than investor’s personal income.
Condo
Built in 1972
1,226 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 32701, Altamonte Springs, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 11,985 (100%) |
| Owner Occupied HU | 5,361 (44.7%) |
| Renter Occupied HU | 5,608 (46.8%) |
| Vacant Housing Units | 1,016 ( 8.5%) |
| Median Home Value | $371,252 |
| Average Home Value | $448,180 |
Housing Distribution
Address Breakdown
Residential
10,834
Single Family
8,025
Multi-Family
2,809
Businesses
952
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Listed by: Maria Parker • REAL ESTATE GOD'S WAY LLC
Mls Name: Stellar MLS
Mls ID: #O6339314