518 W Plantation BlvdLake MaryFL32746
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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
Rental property for sale in Lake Mary at 518 W Plantation Blvd, Lake Mary, FL, 32746 offers $2,575/mo rent that, after a $726/mo payment, leaves $1,430/mo cash flow. Total monthly income is $2,575/mo, and annual cash flow is $17,157/yr on $49,159 cash. Return on cash invested measures 54.81% in year one, and rental yield stands at 20.84% at a $148,292 entry. Equity gained on principal adds $957/yr while 5% annual appreciation compounds into $40,970 by year five. Five-year ROI records 292.02% and total cumulative return in cash reaches $143,554. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $2,575/mo property income versus a $726/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Manufactured
Built in 1976
3,885 sqft lot
$N/A/sqft
$161 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 32746, Lake Mary, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 19,109 (100%) |
| Owner Occupied HU | 11,363 (59.5%) |
| Renter Occupied HU | 6,806 (35.6%) |
| Vacant Housing Units | 940 ( 4.9%) |
| Median Home Value | $486,341 |
| Average Home Value | $559,537 |
Housing Distribution
Address Breakdown
Residential
19,489
Single Family
13,964
Multi-Family
5,525
Businesses
1,616
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