2800 Magnolia AveSanfordFL32773
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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
Rental property for sale in Sanford at 2800 Magnolia Ave, Sanford, FL, 32773 priced at $228,800 pairs $2,627/mo rent with $1,109/mo cash flow after a $1,120/mo payment. Total monthly income equals $2,627/mo, and annual cash flow comes to $13,302/yr on $75,847 invested. Return on cash invested is 37.45% in year one, and rental yield stands at 13.78% on a $228,800 basis. Equity gained on principal adds $1,476/yr, and 5% annual appreciation accumulates to $63,213 by year five. Five-year ROI measures 197.52% and total cumulative return in cash reaches $149,810. For financing, Ziffy Mortgage’s DSCR program evaluates $2,627/mo property income against a $1,120/mo payment instead of your W2s, 1099s, or Tax returns.
Multi Family
Built in 1948
0.31 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 32773, Sanford, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 14,008 (100%) |
| Owner Occupied HU | 8,027 (57.3%) |
| Renter Occupied HU | 5,226 (37.3%) |
| Vacant Housing Units | 755 ( 5.4%) |
| Median Home Value | $337,016 |
| Average Home Value | $357,944 |
Housing Distribution
Address Breakdown
Residential
13,065
Single Family
9,064
Multi-Family
4,001
Businesses
733
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