3002 George Mason Ave #3Winter ParkFL32792
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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 Winter Park at 3002 George Mason Ave #3, Winter Park, FL, 32792 generates $915/mo in rent and, after a $582/mo payment, leaves $126/mo in cash flow. Total monthly income is $915/mo, and annual cash flow is $1,509/yr on $39,449 invested. Return on cash invested sits at 23.73% in year one, and rental yield is 9.23% on a $119,000 entry. Equity gained on principal adds $768/yr, while 5% annual appreciation builds toward $32,878 over five years. Five-year ROI reaches 123.94% and total cumulative return in cash sums $48,893. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $915/mo property income rather than buyer’s personal income.
Condo
Built in 1974
553 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 32792, Winter Park, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 24,770 (100%) |
| Owner Occupied HU | 11,643 (47.0%) |
| Renter Occupied HU | 11,724 (47.3%) |
| Vacant Housing Units | 1,403 ( 5.7%) |
| Median Home Value | $451,811 |
| Average Home Value | $553,633 |
Housing Distribution
Address Breakdown
Residential
24,059
Single Family
15,744
Multi-Family
8,315
Businesses
1,497
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Listed by: Barrett Spray • KELLER WILLIAMS ADVANTAGE REALTY
Mls Name: Stellar MLS
Mls ID: #O6335335