3244 Candle Ridge Dr #202OrlandoFL32822
INVESTMENT ANALYSIS
Investment Verdict
Strong Cash FlowTight but positive: 3244 Candle Ridge Dr #202, Orlando, FL, 32822 in Orlando at $229,900 earns $1,932/mo in rent and nets $100/mo after the $1,034/mo payment, a 10.08% yield with limited short-term income headroom. The equity story offsets the thin monthly spread: 5% annual appreciation adds $63,517 over five years. Ziffy Mortgage underwrites this on a 1.87 DSCR without U.S. credit history. With $2,117/yr in principal paydown, total projected return reaches $113,785.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 10.1% | 6.1% |
| Monthly Cash Flow | $100 | $1,850 |
City averages based on Orlando market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $1,932 |
| Total Monthly Debt Service | $1,434 |
| DSCR Ratio | 1.35x |
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.
Condo
Built in 1981
1.70 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 32822, Orlando, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 26,852 (100%) |
| Owner Occupied HU | 11,128 (41.4%) |
| Renter Occupied HU | 14,121 (52.6%) |
| Vacant Housing Units | 1,603 ( 6.0%) |
| Median Home Value | $281,746 |
| Average Home Value | $316,954 |
Housing Distribution
Address Breakdown
Residential
25,859
Single Family
12,205
Multi-Family
13,654
Businesses
1,348
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
Condo
Built in 1981
1.70 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 32822, Orlando, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 26,852 (100%) |
| Owner Occupied HU | 11,128 (41.4%) |
| Renter Occupied HU | 14,121 (52.6%) |
| Vacant Housing Units | 1,603 ( 6.0%) |
| Median Home Value | $281,746 |
| Average Home Value | $316,954 |
Housing Distribution
Address Breakdown
Residential
25,859
Single Family
12,205
Multi-Family
13,654
Businesses
1,348
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices