305 16th AveOcoeeFL34761
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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 Ocoee at 305 16th Ave, Ocoee, FL, 34761 uses $76,245 cash to close to unlock $353/yr annual cash flow and $29/mo monthly cash flow. Total monthly income runs $1,556/mo, and a $1,126/mo payment keeps the spread at $29/mo. Purchase price stands at $230,000, and rental yield measures 8.12% with $1,556/mo rent. Return on cash invested shows 20.37% in year one, and 5% annual appreciation builds toward $63,545 over five years. Five-year ROI reaches 105.95% and total cumulative return in cash records $80,779. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,556/mo property income covering a $1,126/mo payment rather than investor’s personal income.
Single Family
Built in 1963
0.43 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 34761, Ocoee, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 17,471 (100%) |
| Owner Occupied HU | 12,347 (70.7%) |
| Renter Occupied HU | 4,398 (25.2%) |
| Vacant Housing Units | 726 ( 4.2%) |
| Median Home Value | $439,508 |
| Average Home Value | $473,479 |
Housing Distribution
Address Breakdown
Residential
17,614
Single Family
15,723
Multi-Family
1,891
Businesses
1,352
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