508 Boxelder AveAltamonte SpringsFL32714
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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 Altamonte Springs at 508 Boxelder Ave, Altamonte Springs, FL, 32714 earns $191/mo cash flow from $2,162/mo rent with a $1,454/mo payment. Total monthly income totals $2,162/mo, and annual cash flow totals $2,289/yr on $98,456 capital. ROI tracks 22.23% on current figures, and rental yield reads 8.74% at a $297,000 purchase. Equity gained on principal adds $1,916/yr, and 5% annual appreciation supports $82,056 over five years. Five-year ROI reaches 115.9% and total cumulative return in cash sums $114,114. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $2,162/mo property income instead of your personal income.
Townhouse
Built in 1983
1,435 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 32714, Altamonte Springs, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 17,246 (100%) |
| Owner Occupied HU | 7,343 (42.6%) |
| Renter Occupied HU | 8,815 (51.1%) |
| Vacant Housing Units | 1,088 ( 6.3%) |
| Median Home Value | $383,495 |
| Average Home Value | $427,906 |
Housing Distribution
Address Breakdown
Residential
16,682
Single Family
8,826
Multi-Family
7,856
Businesses
1,220
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Listed by: Gerard Verna Zorro • GOOD MONEY REALTY
Mls Name: Stellar MLS
Mls ID: #O6133455