509 Cresting Oak Cir #73OrlandoFL32824
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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 509 Cresting Oak Cir #73, Orlando, FL, 32824 uses $91,163 cash to close to unlock $7,476/yr annual cash flow and $623/mo monthly cash flow. Total monthly income runs $2,448/mo, and a $1,346/mo payment keeps the spread at $623/mo. Purchase price stands at $275,000, and rental yield measures 10.68% with $2,448/mo rent. Return on cash invested shows 28.11% in year one, and 5% annual appreciation builds toward $75,977 over five years. Five-year ROI reaches 147.45% and total cumulative return in cash records $134,423. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,448/mo property income covering a $1,346/mo payment rather than investor’s personal income.
Condo
Built in 2006
768 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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