513 Terrace Cove WayOrlandoFL32828
INVESTMENT ANALYSIS
Investment Verdict
Strong Cash FlowThe yield at 513 Terrace Cove Way, Orlando, FL, 32828 in Orlando speaks for itself: 11.45% gross on a $618,000 price, generating $5,896/mo in rent and $1,705/mo in net income after the $2,779/mo debt service. DSCR 2.12, a wide margin that supports Ziffy Mortgage's DSCR loan without any personal income check. Annual cash flow of $20,463 stacks alongside $170,742 in projected five-year appreciation and $5,692/yr in principal reduction. Projected total cumulative return: $345,699.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 11.5% | 6.1% |
| Monthly Cash Flow | $1,705 | $1,850 |
City averages based on Orlando market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $5,896 |
| Total Monthly Debt Service | $3,944 |
| DSCR Ratio | 1.49x |
Ziffy Mortgage: Your DSCR most likely meets our 1.0+ requirement, so you'll most probably qualify for our standard DSCR investment loan program. To pre-qualify, book time with your loan officer →
Estimates assume 6.0% rate / 30-yr fixed, 30% down, 1% tax, 0.5% insurance. Not a commitment to lend.
Single Family
Built in 1995
9,037 sqft lot
$N/A/sqft
$83 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 32828, Orlando, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 24,696 (100%) |
| Owner Occupied HU | 14,329 (58.0%) |
| Renter Occupied HU | 9,397 (38.1%) |
| Vacant Housing Units | 970 ( 3.9%) |
| Median Home Value | $451,049 |
| Average Home Value | $483,647 |
Housing Distribution
Address Breakdown
Residential
24,167
Single Family
18,329
Multi-Family
5,838
Businesses
584
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
Single Family
Built in 1995
9,037 sqft lot
$N/A/sqft
$83 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 32828, Orlando, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 24,696 (100%) |
| Owner Occupied HU | 14,329 (58.0%) |
| Renter Occupied HU | 9,397 (38.1%) |
| Vacant Housing Units | 970 ( 3.9%) |
| Median Home Value | $451,049 |
| Average Home Value | $483,647 |
Housing Distribution
Address Breakdown
Residential
24,167
Single Family
18,329
Multi-Family
5,838
Businesses
584
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices