3420 Fort Mellon LnSanfordFL32773
INVESTMENT ANALYSIS
Investment Verdict
Steady Equity BuilderReliable and efficiently structured, 3420 Fort Mellon Ln, Sanford, FL, 32773 in Sanford is a conservative rental investment at $487,990. Rental yield 7.41%. A 1.37 coverage ratio meets Ziffy Mortgage's DSCR standard for foreign-national financing. Five-year equity: 5% appreciation adds $134,823; $4,494/yr in principal paydown supplements. Total projected return: $171,547.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 7.4% | 6.0% |
| Monthly Cash Flow | $(225) | $1,500 |
City averages based on Sanford market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $3,013 |
| Total Monthly Debt Service | $3,044 |
| DSCR Ratio | 0.99x |
Ziffy Mortgage typically prefers a DSCR of 1.0+, but in some cases you may qualify with a DSCR below 1. To explore if this deal qualifies for an investment mortgage, 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.
Single Family
Built in 2025
5,400 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 32773, Sanford, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 14,008 (100%) |
| Owner Occupied HU | 8,027 (57.3%) |
| Renter Occupied HU | 5,226 (37.3%) |
| Vacant Housing Units | 755 ( 5.4%) |
| Median Home Value | $337,016 |
| Average Home Value | $357,944 |
Housing Distribution
Address Breakdown
Residential
13,065
Single Family
9,064
Multi-Family
4,001
Businesses
733
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
Single Family
Built in 2025
5,400 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 32773, Sanford, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 14,008 (100%) |
| Owner Occupied HU | 8,027 (57.3%) |
| Renter Occupied HU | 5,226 (37.3%) |
| Vacant Housing Units | 755 ( 5.4%) |
| Median Home Value | $337,016 |
| Average Home Value | $357,944 |
Housing Distribution
Address Breakdown
Residential
13,065
Single Family
9,064
Multi-Family
4,001
Businesses
733
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices