400 E Colonial Dr APT 402OrlandoFL32803
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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 Orlando at 400 E Colonial Dr APT 402, Orlando, FL, 32803 offers a 9.33% rental yield on a $341,500 purchase with $2,654/mo rent. Total monthly income registers $2,654/mo, and a $1,671/mo payment leaves $388/mo available for distribution. Annual cash flow reaches $4,659/yr on $113,207 to close, and return on cash invested stands at 24.02% in year one. Equity gained on principal adds $2,204/yr while 5% annual appreciation supports $94,350 over five years. Portfolio math shows five-year ROI at 125.53% and total cumulative return in cash at $142,113. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $2,654/mo property income against a $1,671/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Condo
Built in 1975
0.28 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 32803, Orlando, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 13,261 (100%) |
| Owner Occupied HU | 5,451 (41.1%) |
| Renter Occupied HU | 6,848 (51.6%) |
| Vacant Housing Units | 962 ( 7.3%) |
| Median Home Value | $526,919 |
| Average Home Value | $626,147 |
Housing Distribution
Address Breakdown
Residential
11,420
Single Family
8,777
Multi-Family
2,643
Businesses
1,745
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