4345 Saltmarsh Sparrow DrWindermereFL34786
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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 Windermere at 4345 Saltmarsh Sparrow Dr, Windermere, FL, 34786 offers a 8.04% rental yield on a $830,000 purchase with $5,564/mo rent. Total monthly income registers $5,564/mo, and a $4,062/mo payment leaves $56/mo available for distribution. Annual cash flow reaches $677/yr on $273,070 to close, and return on cash invested stands at 20.31% in year one. Equity gained on principal adds $5,356/yr while 5% annual appreciation supports $229,314 over five years. Portfolio math shows five-year ROI at 105.54% and total cumulative return in cash at $288,210. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $5,564/mo property income against a $4,062/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 2015
5,997 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 34786, Windermere, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 16,680 (100%) |
| Owner Occupied HU | 10,727 (64.3%) |
| Renter Occupied HU | 4,784 (28.7%) |
| Vacant Housing Units | 1,169 ( 7.0%) |
| Median Home Value | $657,942 |
| Average Home Value | $813,864 |
Housing Distribution
Address Breakdown
Residential
17,247
Single Family
14,334
Multi-Family
2,913
Businesses
1,159
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Listed by: Silvia Odebrecht • ICON REALTY ASSOCIATES INC
Mls Name: Stellar MLS
Mls ID: #O6372774