506 Club DrWinter SpringsFL32708
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
Rental property for sale in Winter Springs at 506 Club Dr, Winter Springs, FL, 32708 priced at $239,000 converts $1,948/mo rent into $362/mo cash flow after a $1,170/mo obligation. Total monthly income equals $1,948/mo, and annual cash flow totals $4,341/yr on $79,229 invested. Return on cash invested prints 25.39% in year one, and rental yield reads 9.78% against a $239,000 entry. Equity gained on principal adds $1,542/yr, while 5% annual appreciation compiles into $66,031 by year five. Five-year ROI reaches 132.82% and total cumulative return in cash sums $105,228. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $1,948/mo property income covering a $1,170/mo payment, not borrower’s personal income.
Townhouse
Built in 1987
1,553 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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Nearby investment properties with comparable prices
Listed by: Kathleen Harrison • CALL IT CLOSED INTL REALTY
Mls Name: Stellar MLS
Mls ID: #O6362326