309 Redwing WayCasselberryFL32707
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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
Investment Highlights
Rental property for sale in Casselberry at 309 Redwing Way, Casselberry, FL, 32707 priced at $397,000 pairs $2,648/mo rent with $14/mo cash flow after a $1,943/mo payment. Total monthly income equals $2,648/mo, and annual cash flow comes to $163/yr on $131,606 invested. Return on cash invested is 20.03% in year one, and rental yield stands at 8% on a $397,000 basis. Equity gained on principal adds $2,562/yr, and 5% annual appreciation accumulates to $109,684 by year five. Five-year ROI measures 104.11% and total cumulative return in cash reaches $137,014. For financing, Ziffy Mortgage’s DSCR program evaluates $2,648/mo property income against a $1,943/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 1979
9,220 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 32707, Casselberry, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 16,623 (100%) |
| Owner Occupied HU | 10,272 (61.8%) |
| Renter Occupied HU | 5,554 (33.4%) |
| Vacant Housing Units | 797 ( 4.8%) |
| Median Home Value | $385,969 |
| Average Home Value | $407,860 |
Housing Distribution
Address Breakdown
Residential
16,471
Single Family
13,250
Multi-Family
3,221
Businesses
896
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Listed by: Tricia Ramsby • BHHS FLORIDA REALTY
Mls Name: Stellar MLS
Mls ID: #O6340559