3534 Shirley DrForest CityFL32703
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
Investment Highlights
Investment property for sale in Forest City at 3534 Shirley Dr, Forest City, FL, 32703 listed at $285,000 pairs $2,640/mo rent with a $1,395/mo payment to leave $749/mo cash flow. Total monthly income runs $2,640/mo, and annual cash flow reaches $8,983/yr on $94,478 cash to close. Return on cash invested measures 29.42% in year one, and rental yield registers 11.12% at a $285,000 basis. Equity gained on principal adds $1,839/yr, and annual property appreciation at 5% supports $78,740 by year five. Five-year ROI tracks 154.42% and total cumulative return in cash totals $145,890. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $2,640/mo property income relative to a $1,395/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1958
0.28 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 32703, Apopka, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 23,661 (100%) |
| Owner Occupied HU | 14,372 (60.7%) |
| Renter Occupied HU | 7,653 (32.3%) |
| Vacant Housing Units | 1,636 ( 6.9%) |
| Median Home Value | $402,799 |
| Average Home Value | $462,059 |
Housing Distribution
Address Breakdown
Residential
21,764
Single Family
17,844
Multi-Family
3,920
Businesses
1,687
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Thomas Nickley, Jr • KELLER WILLIAMS REALTY AT THE PARKS
Mls Name: Stellar MLS
Mls ID: #O6376500