304 E South St UNIT 4023OrlandoFL32801
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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 Orlando at 304 E South St UNIT 4023, Orlando, FL, 32801 uses $47,405 cash to close to unlock $906/yr annual cash flow and $75/mo monthly cash flow. Total monthly income runs $1,715/mo, and a $700/mo payment keeps the spread at $75/mo. Purchase price stands at $143,000, and rental yield measures 14.39% with $1,715/mo rent. Return on cash invested shows 21.82% in year one, and 5% annual appreciation builds toward $39,508 over five years. Five-year ROI reaches 120.05% and total cumulative return in cash records $56,908. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,715/mo property income covering a $700/mo payment rather than investor’s personal income.
Condo
Built in 2002
2.16 Acres lot
$N/A/sqft
$659 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 32801, Orlando, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 13,230 (100%) |
| Owner Occupied HU | 2,287 (17.3%) |
| Renter Occupied HU | 9,346 (70.6%) |
| Vacant Housing Units | 1,597 (12.1%) |
| Median Home Value | $542,597 |
| Average Home Value | $658,991 |
Housing Distribution
Address Breakdown
Residential
13,189
Single Family
2,508
Multi-Family
10,681
Businesses
1,726
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Listed by: ARod Rodriguez-Aponte • MARK SPAIN REAL ESTATE
Mls Name: Stellar MLS
Mls Provider:
Mls ID: #O6355835
Disclaimer: IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed. Some IDX listings have been excluded from this website. Listing Information presented by local MLS brokerage: Zillow, Inc - (407) 904-3511