424 2nd StOrlandoFL32824
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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 424 2nd St, Orlando, FL, 32824 earns from $2,324/mo rent with a $2,178/mo payment. Total monthly income totals $2,324/mo. ROI tracks 14.79% on current figures, and rental yield reads 6.27% at a $445,000 purchase. Equity gained on principal adds $2,872/yr, and 5% annual appreciation supports $122,945 over five years. Five-year ROI reaches 75.98% and total cumulative return in cash sums $112,088. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $2,324/mo property income instead of your personal income.
Single Family
Built in 2023
8,356 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 32824, Orlando, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 20,460 (100%) |
| Owner Occupied HU | 13,687 (66.9%) |
| Renter Occupied HU | 5,929 (29.0%) |
| Vacant Housing Units | 844 ( 4.1%) |
| Median Home Value | $435,109 |
| Average Home Value | $450,106 |
Housing Distribution
Address Breakdown
Residential
19,872
Single Family
16,023
Multi-Family
3,849
Businesses
1,100
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