517 Northbridge DrAltamonte 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 517 Northbridge Dr, Altamonte Springs, FL, 32714 with 5% annual appreciation on a $274,900 basis while $2,081/mo rent supports operations. Total monthly income totals $2,081/mo and a $1,346/mo payment preserves $257/mo for cash returns. Annual cash flow comes to $3,087/yr on $91,129 deployed, and return on cash invested reaches 23.3% in year one. Equity gained on principal adds $1,774/yr, and five-year appreciation sums $75,950 alongside rental yield of 9.08%. Five-year ROI measures 121.62% and total cumulative return in cash totals $110,835.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $2,081/mo property income versus a $1,346/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Townhouse
Built in 1991
1,915 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: Barbara Remington • PRESTIGE PROPERTY SHOP LLC
Mls Name: Stellar MLS
Mls ID: #O6329939