5518 Cretan WayWinter ParkFL32792
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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 Winter Park at 5518 Cretan Way, Winter Park, FL, 32792 uses $88,177 cash to close to unlock $6,210/yr annual cash flow and $518/mo monthly cash flow. Total monthly income runs $2,299/mo, and a $1,302/mo payment keeps the spread at $518/mo. Purchase price stands at $265,995, and rental yield measures 10.37% with $2,299/mo rent. Return on cash invested shows 26.95% in year one, and 5% annual appreciation builds toward $73,490 over five years. Five-year ROI reaches 141.29% and total cumulative return in cash records $124,588. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,299/mo property income covering a $1,302/mo payment rather than investor’s personal income.
Townhouse
Built in 1985
4,300 sqft lot
$N/A/sqft
$8 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 32792, Winter Park, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 24,770 (100%) |
| Owner Occupied HU | 11,643 (47.0%) |
| Renter Occupied HU | 11,724 (47.3%) |
| Vacant Housing Units | 1,403 ( 5.7%) |
| Median Home Value | $451,811 |
| Average Home Value | $553,633 |
Housing Distribution
Address Breakdown
Residential
24,059
Single Family
15,744
Multi-Family
8,315
Businesses
1,497
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Listed by: Liam Pool • HOMEVEST REALTY
Mls Name: Stellar MLS
Mls Provider:
Mls ID: #O6300087
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