375 Lake Ontario Ct UNIT 102Altamonte SpringsFL32701
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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
Investment property for sale in Altamonte Springs at 375 Lake Ontario Ct UNIT 102, Altamonte Springs, FL, 32701 uses $62,620 cash to close to unlock $7,808/yr annual cash flow and $651/mo monthly cash flow. Total monthly income runs $1,942/mo, and a $925/mo payment keeps the spread at $651/mo. Purchase price stands at $188,900, and rental yield measures 12.34% with $1,942/mo rent. Return on cash invested shows 32.38% in year one, and 5% annual appreciation builds toward $52,190 over five years. Five-year ROI reaches 170.56% and total cumulative return in cash records $106,803. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,942/mo property income covering a $925/mo payment rather than investor’s personal income.
Single Family
Built in N/A
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 32701, Altamonte Springs, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 11,985 (100%) |
| Owner Occupied HU | 5,361 (44.7%) |
| Renter Occupied HU | 5,608 (46.8%) |
| Vacant Housing Units | 1,016 ( 8.5%) |
| Median Home Value | $371,252 |
| Average Home Value | $448,180 |
Housing Distribution
Address Breakdown
Residential
10,834
Single Family
8,025
Multi-Family
2,809
Businesses
952
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Listed by: N/A • N/A
Mls Name: Zillow Rentals
Mls ID: #N/A