415 Oak Haven DrAltamonte 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
Rental property for sale in Altamonte Springs at 415 Oak Haven Dr, Altamonte Springs, FL, 32701 priced at $359,900 converts $2,848/mo rent into $459/mo cash flow after a $1,762/mo obligation. Total monthly income equals $2,848/mo, and annual cash flow totals $5,510/yr on $119,307 invested. Return on cash invested prints 24.53% in year one, and rental yield reads 9.5% against a $359,900 entry. Equity gained on principal adds $2,322/yr, while 5% annual appreciation compiles into $99,434 by year five. Five-year ROI reaches 128.23% and total cumulative return in cash sums $152,990. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $2,848/mo property income covering a $1,762/mo payment, not borrower’s personal income.
Condo
Built in 1974
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: Frank Filippelli • SOUTHERN REALTY ENTERPRISES INC
Mls Name: My State MLS
Mls ID: #11537171