511 Alcazar CtLady LakeFL32159
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 Lady Lake at 511 Alcazar Ct, Lady Lake, FL, 32159 priced at $280,000 converts $3,412/mo rent into $1,219/mo cash flow after a $1,370/mo obligation. Total monthly income equals $3,412/mo, and annual cash flow totals $14,626/yr on $92,820 invested. Return on cash invested prints 35.67% in year one, and rental yield reads 14.62% against a $280,000 entry. Equity gained on principal adds $1,807/yr, while 5% annual appreciation compiles into $77,359 by year five. Five-year ROI reaches 189.49% and total cumulative return in cash sums $175,881. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $3,412/mo property income covering a $1,370/mo payment, not borrower’s personal income.
Single Family
Built in 1993
5,476 sqft lot
$N/A/sqft
$195 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 32159, Lady Lake, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 19,860 (100%) |
| Owner Occupied HU | 13,610 (68.5%) |
| Renter Occupied HU | 3,064 (15.4%) |
| Vacant Housing Units | 3,186 (16.0%) |
| Median Home Value | $352,165 |
| Average Home Value | $367,814 |
Housing Distribution
Address Breakdown
Residential
18,353
Single Family
6,385
Multi-Family
11,968
Businesses
722
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Mindy Russo • KELLER WILLIAMS REALTY SMART
Mls Name: Stellar MLS
Mls Provider:
Mls ID: #L4947873
Disclaimer: IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed. Some IDX listings have been excluded from this website. Listing Information presented by local MLS brokerage: Zillow, Inc - (407) 904-3511