406 Meadowood BlvdFern ParkFL32730
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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 Fern Park at 406 Meadowood Blvd, Fern Park, FL, 32730 offers $2,902/mo rent that, after a $1,738/mo payment, leaves $284/mo cash flow. Total monthly income is $2,902/mo, and annual cash flow is $3,405/yr on $117,683 cash. Return on cash invested measures 22.8% in year one, and rental yield stands at 9.81% at a $355,000 entry. Equity gained on principal adds $2,291/yr while 5% annual appreciation compounds into $98,080 by year five. Five-year ROI records 119.92% and total cumulative return in cash reaches $141,120. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $2,902/mo property income versus a $1,738/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Townhouse
Built in 1982
2,553 sqft lot
$N/A/sqft
$262 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 32730, Casselberry, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,670 (100%) |
| Owner Occupied HU | 1,210 (45.3%) |
| Renter Occupied HU | 1,304 (48.8%) |
| Vacant Housing Units | 156 ( 5.8%) |
| Median Home Value | $331,763 |
| Average Home Value | $338,335 |
Housing Distribution
Address Breakdown
Residential
2,590
Single Family
1,533
Multi-Family
1,057
Businesses
234
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Listed by: Amanda Salazar • ACME REAL ESTATE FLORIDA LLC
Mls Name: Stellar MLS
Mls Provider:
Mls ID: #O6351080
Disclaimer: IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed. Some IDX listings have been excluded from this website. Listing Information presented by local MLS brokerage: Zillow, Inc - (407) 904-3511