526 Etna Ct APT 108CasselberryFL32707
INVESTMENT ANALYSIS
Investment Verdict
Strong Cash FlowSolid fundamentals define the investment case at 526 Etna Ct APT 108, Casselberry, FL, 32707 in Casselberry: $1,720/mo in rent, $230/mo in net income, 11.76% gross yield, 2.27 DSCR, all at $168,500. Ziffy Mortgage's DSCR mortgage qualifies using the property's income alone, clearing approval without U.S. residency or credit. Five-year equity from $46,553 in appreciation and $1,552/yr in principal paydown projects total cumulative return of $102,959.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 11.8% | 6.5% |
| Monthly Cash Flow | $230 | $300 |
City averages based on Casselberry market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $1,720 |
| Total Monthly Debt Service | $1,051 |
| DSCR Ratio | 1.64x |
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.
Condo
Built in 1970
1,665 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 32707, Casselberry, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 16,623 (100%) |
| Owner Occupied HU | 10,272 (61.8%) |
| Renter Occupied HU | 5,554 (33.4%) |
| Vacant Housing Units | 797 ( 4.8%) |
| Median Home Value | $385,969 |
| Average Home Value | $407,860 |
Housing Distribution
Address Breakdown
Residential
16,471
Single Family
13,250
Multi-Family
3,221
Businesses
896
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
Condo
Built in 1970
1,665 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 32707, Casselberry, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 16,623 (100%) |
| Owner Occupied HU | 10,272 (61.8%) |
| Renter Occupied HU | 5,554 (33.4%) |
| Vacant Housing Units | 797 ( 4.8%) |
| Median Home Value | $385,969 |
| Average Home Value | $407,860 |
Housing Distribution
Address Breakdown
Residential
16,471
Single Family
13,250
Multi-Family
3,221
Businesses
896
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Kris Julian • UNITED REAL ESTATE PREFERRED
Mls Name: Stellar MLS
Mls ID: #O6333737