4212 126th St W APT 409CortezFL34215
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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 Cortez at 4212 126th St W APT 409, Cortez, FL, 34215 uses $174,041 cash to close to unlock $14,036/yr annual cash flow and $1,170/mo monthly cash flow. Total monthly income runs $4,680/mo, and a $2,589/mo payment keeps the spread at $1,170/mo. Purchase price stands at $529,000, and rental yield measures 10.62% with $4,680/mo rent. Return on cash invested shows 28.12% in year one, and 5% annual appreciation builds toward $146,153 over five years. Five-year ROI reaches 147.46% and total cumulative return in cash records $256,637. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $4,680/mo property income covering a $2,589/mo payment rather than investor’s personal income.
Condo
Built in 1989
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 34215, Cortez, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 643 (100%) |
| Owner Occupied HU | 322 (50.1%) |
| Renter Occupied HU | 91 (14.2%) |
| Vacant Housing Units | 230 (35.8%) |
| Median Home Value | $632,212 |
| Average Home Value | $647,182 |
Housing Distribution
Address Breakdown
Residential
323
Single Family
250
Multi-Family
73
Businesses
67
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