525 Oak Ter UNIT 117Altamonte SpringsFL32701
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
Investment property for sale in Altamonte Springs at 525 Oak Ter UNIT 117, Altamonte Springs, FL, 32701 uses $116,655 cash to close to unlock $1,453/yr annual cash flow and $121/mo monthly cash flow. Total monthly income runs $2,456/mo, and a $1,722/mo payment keeps the spread at $121/mo. Purchase price stands at $351,900, and rental yield measures 8.38% with $2,456/mo rent. Return on cash invested shows 21.15% in year one, and 5% annual appreciation builds toward $97,223 over five years. Five-year ROI reaches 110.14% and total cumulative return in cash records $128,482. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,456/mo property income covering a $1,722/mo payment rather than investor’s personal income.
Condo
Built in 1986
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 32701, Altamonte Springs, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 11,985 (100%) |
| Owner Occupied HU | 5,361 (44.7%) |
| Renter Occupied HU | 5,608 (46.8%) |
| Vacant Housing Units | 1,016 ( 8.5%) |
| Median Home Value | $371,252 |
| Average Home Value | $448,180 |
Housing Distribution
Address Breakdown
Residential
10,834
Single Family
8,025
Multi-Family
2,809
Businesses
952
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Cleve Loveland • LOVELAND PROPERTIES
Mls Name: Stellar MLS
Mls ID: #O6370951