400 E Colonial Dr APT 608OrlandoFL32803
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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 608, Orlando, FL, 32803 uses $82,875 cash to close to unlock $1,483/yr annual cash flow and $124/mo monthly cash flow. Total monthly income runs $1,783/mo, and a $1,224/mo payment keeps the spread at $124/mo. Purchase price stands at $250,000, and rental yield measures 8.56% with $1,783/mo rent. Return on cash invested shows 21.7% in year one, and 5% annual appreciation builds toward $69,070 over five years. Five-year ROI reaches 113.04% and total cumulative return in cash records $93,682. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,783/mo property income covering a $1,224/mo payment rather than investor’s personal income.
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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