30700 Wekiva River Rd UNIT 589SorrentoFL32776
INVESTMENT ANALYSIS
Investment Verdict
Strong Cash FlowIf cash-on-cash performance is your primary filter, 30700 Wekiva River Rd UNIT 589, Sorrento, FL, 32776 in Sorrento deserves attention. This $133,200 property earns $2,719/mo in rent, a 24.5% gross yield, and nets $1,835/mo after the $599/mo payment. DSCR 4.54 makes it one of the cleaner DSCR underwriting candidates Ziffy Mortgage sees in this market. Five-year appreciation of $36,801 compounds alongside $1,227/yr in yearly equity build, for a total cumulative return of $168,911.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 24.5% | 6.0% |
| Monthly Cash Flow | $1,835 | $300 |
City averages based on Sorrento market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $2,719 |
| Total Monthly Debt Service | $831 |
| DSCR Ratio | 3.27x |
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.
Manufactured
Built in 2023
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 32776, Sorrento, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 4,987 (100%) |
| Owner Occupied HU | 4,160 (83.4%) |
| Renter Occupied HU | 613 (12.3%) |
| Vacant Housing Units | 214 ( 4.3%) |
| Median Home Value | $431,899 |
| Average Home Value | $523,786 |
Housing Distribution
Address Breakdown
Residential
4,866
Single Family
4,866
Multi-Family
0
Businesses
275
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
Manufactured
Built in 2023
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 32776, Sorrento, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 4,987 (100%) |
| Owner Occupied HU | 4,160 (83.4%) |
| Renter Occupied HU | 613 (12.3%) |
| Vacant Housing Units | 214 ( 4.3%) |
| Median Home Value | $431,899 |
| Average Home Value | $523,786 |
Housing Distribution
Address Breakdown
Residential
4,866
Single Family
4,866
Multi-Family
0
Businesses
275
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices