538 Windmeadows StAltamonte SpringsFL32701
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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 538 Windmeadows St, Altamonte Springs, FL, 32701 listed at $143,900 pairs $1,499/mo rent with a $704/mo payment to leave $50/mo cash flow. Total monthly income runs $1,499/mo, and annual cash flow reaches $602/yr on $47,703 cash to close. Return on cash invested measures 21.17% in year one, and rental yield registers 12.5% at a $143,900 basis. Equity gained on principal adds $929/yr, and annual property appreciation at 5% supports $39,757 by year five. Five-year ROI tracks 114.78% and total cumulative return in cash totals $54,755. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $1,499/mo property income relative to a $704/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Condo
Built in 1972
305 sqft lot
$N/A/sqft
$485 monthly 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
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Listed by: Rodrigo Nobre • FLORIDA CONNEXION PROPERTIES
Mls Name: Stellar MLS
Mls Provider:
Mls ID: #O6226604
Disclaimer: IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed. Some IDX listings have been excluded from this website. Listing Information presented by local MLS brokerage: Zillow, Inc - (407) 904-3511