3005 Mystic Cove DrOrlandoFL32812
INVESTMENT ANALYSIS
Investment Verdict
Steady Equity BuilderThe 7.98% yield at 3005 Mystic Cove Dr, Orlando, FL, 32812 in Orlando is solid, but the $2,248/mo payment compresses net cash flow to $7/mo at $499,900. This is a tight-spread property, income covers debt, with little cushion. For investors who can optimise occupancy, the upside is real: 5% annual appreciation adds $138,113 by year five, and $4,604/yr in loan paydown builds equity. Ziffy Mortgage qualifies this via DSCR (1.48) without U.S. income documentation. Total projected return: $190,962.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 8% | 6.1% |
| Monthly Cash Flow | $7 | $1,850 |
City averages based on Orlando market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $3,324 |
| Total Monthly Debt Service | $3,119 |
| DSCR Ratio | 1.07x |
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.
Single Family
Built in 1991
5,616 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 32812, Orlando, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 15,057 (100%) |
| Owner Occupied HU | 8,342 (55.4%) |
| Renter Occupied HU | 5,956 (39.6%) |
| Vacant Housing Units | 759 ( 5.0%) |
| Median Home Value | $426,901 |
| Average Home Value | $484,569 |
Housing Distribution
Address Breakdown
Residential
14,878
Single Family
9,459
Multi-Family
5,419
Businesses
437
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
Single Family
Built in 1991
5,616 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 32812, Orlando, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 15,057 (100%) |
| Owner Occupied HU | 8,342 (55.4%) |
| Renter Occupied HU | 5,956 (39.6%) |
| Vacant Housing Units | 759 ( 5.0%) |
| Median Home Value | $426,901 |
| Average Home Value | $484,569 |
Housing Distribution
Address Breakdown
Residential
14,878
Single Family
9,459
Multi-Family
5,419
Businesses
437
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices