429 Sheoah Blvd APT 1Winter SpringsFL32708
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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 Winter Springs at 429 Sheoah Blvd APT 1, Winter Springs, FL, 32708 uses $66,300 cash to close to unlock $656/yr annual cash flow and $55/mo monthly cash flow. Total monthly income runs $1,382/mo, and a $979/mo payment keeps the spread at $55/mo. Purchase price stands at $200,000, and rental yield measures 8.29% with $1,382/mo rent. Return on cash invested shows 20.9% in year one, and 5% annual appreciation builds toward $55,256 over five years. Five-year ROI reaches 108.74% and total cumulative return in cash records $72,092. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,382/mo property income covering a $979/mo payment rather than investor’s personal income.
Condo
Built in 1978
989 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 32708, Winter Springs, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 20,014 (100%) |
| Owner Occupied HU | 14,147 (70.7%) |
| Renter Occupied HU | 5,169 (25.8%) |
| Vacant Housing Units | 698 ( 3.5%) |
| Median Home Value | $453,597 |
| Average Home Value | $511,340 |
Housing Distribution
Address Breakdown
Residential
19,491
Single Family
16,074
Multi-Family
3,417
Businesses
716
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Listed by: Marielle Parra • COMPASS FLORIDA LLC
Mls Name: Stellar MLS
Mls ID: #O6345119