5550 E Michigan St APT 3307OrlandoFL32822
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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 Orlando at 5550 E Michigan St APT 3307, Orlando, FL, 32822 generates $2,112/mo in rent and, after a $1,248/mo payment, leaves $420/mo in cash flow. Total monthly income is $2,112/mo, and annual cash flow is $5,038/yr on $84,533 invested. Return on cash invested sits at 25.87% in year one, and rental yield is 9.94% on a $255,000 entry. Equity gained on principal adds $1,645/yr, while 5% annual appreciation builds toward $70,452 over five years. Five-year ROI reaches 135.39% and total cumulative return in cash sums $114,452. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,112/mo property income rather than buyer’s personal income.
Condo
Built in 2005
8.85 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 32822, Orlando, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 26,852 (100%) |
| Owner Occupied HU | 11,128 (41.4%) |
| Renter Occupied HU | 14,121 (52.6%) |
| Vacant Housing Units | 1,603 ( 6.0%) |
| Median Home Value | $281,746 |
| Average Home Value | $316,954 |
Housing Distribution
Address Breakdown
Residential
25,859
Single Family
12,205
Multi-Family
13,654
Businesses
1,348
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