2837 Egrets Landing DrLake MaryFL32746
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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 Lake Mary at 2837 Egrets Landing Dr, Lake Mary, FL, 32746 uses $138,567 cash to close to unlock $4,296/yr annual cash flow and $358/mo monthly cash flow. Total monthly income runs $3,132/mo, and a $2,046/mo payment keeps the spread at $358/mo. Purchase price stands at $418,000, and rental yield measures 8.99% with $3,132/mo rent. Return on cash invested shows 23.01% in year one, and 5% annual appreciation builds toward $115,486 over five years. Five-year ROI reaches 120.05% and total cumulative return in cash records $166,347. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $3,132/mo property income covering a $2,046/mo payment rather than investor’s personal income.
Single Family
Built in 1999
5,917 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 32746, Lake Mary, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 19,109 (100%) |
| Owner Occupied HU | 11,363 (59.5%) |
| Renter Occupied HU | 6,806 (35.6%) |
| Vacant Housing Units | 940 ( 4.9%) |
| Median Home Value | $486,341 |
| Average Home Value | $559,537 |
Housing Distribution
Address Breakdown
Residential
19,489
Single Family
13,964
Multi-Family
5,525
Businesses
1,616
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