3050 Plaza Terrace Dr #3050OrlandoFL32803
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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 3050 Plaza Terrace Dr #3050, Orlando, FL, 32803 uses $76,245 cash to close to unlock $1,510/yr annual cash flow and $126/mo monthly cash flow. Total monthly income runs $1,937/mo, and a $1,126/mo payment keeps the spread at $126/mo. Purchase price stands at $230,000, and rental yield measures 10.11% with $1,937/mo rent. Return on cash invested shows 21.89% in year one, and 5% annual appreciation builds toward $63,545 over five years. Five-year ROI reaches 115.69% and total cumulative return in cash records $88,207. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,937/mo property income covering a $1,126/mo payment rather than investor’s personal income.
Condo
Built in 1972
9,675 sqft lot
$N/A/sqft
$216 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 32803, Orlando, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 13,261 (100%) |
| Owner Occupied HU | 5,451 (41.1%) |
| Renter Occupied HU | 6,848 (51.6%) |
| Vacant Housing Units | 962 ( 7.3%) |
| Median Home Value | $526,919 |
| Average Home Value | $626,147 |
Housing Distribution
Address Breakdown
Residential
11,420
Single Family
8,777
Multi-Family
2,643
Businesses
1,745
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Listed by: Brian Spain • LAKESIDE REALTY
Mls Name: Stellar MLS
Mls Provider:
Mls ID: #O6366900
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