3498 Wading Heron TerOviedoFL32766
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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
Rental property for sale in Oviedo at 3498 Wading Heron Ter, Oviedo, FL, 32766 generates $4,010/mo in rent, after a $3,451/mo payment. Total monthly income is $4,010/mo. Return on cash invested sits at 16.6% in year one, and rental yield is 6.83% on a $705,000 entry. Equity gained on principal adds $4,549/yr, while 5% annual appreciation builds toward $194,779 over five years. Five-year ROI reaches 85.67% and total cumulative return in cash sums $198,709. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $4,010/mo property income rather than buyer’s personal income.
Single Family
Built in 2001
8,492 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 32766, Oviedo, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 5,444 (100%) |
| Owner Occupied HU | 4,826 (88.6%) |
| Renter Occupied HU | 538 ( 9.9%) |
| Vacant Housing Units | 80 ( 1.5%) |
| Median Home Value | $598,793 |
| Average Home Value | $626,371 |
Housing Distribution
Address Breakdown
Residential
5,376
Single Family
5,328
Multi-Family
48
Businesses
64
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