57 E 2nd StChuluotaFL32766
INVESTMENT ANALYSIS
Investment Verdict
Solid IncomeTight but positive: 57 E 2nd St, Chuluota, FL, 32766 in Chuluota at $260,000 earns $1,874/mo in rent and nets $149/mo after the $1,169/mo payment, a 8.65% yield with limited short-term income headroom. The equity story offsets the thin monthly spread: 5% annual appreciation adds $71,833 over five years. Ziffy Mortgage underwrites this on a 1.60 DSCR without U.S. credit history. With $2,395/yr in principal paydown, total projected return reaches $108,705.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 8.7% | 6.5% |
| Monthly Cash Flow | $149 | $1,500 |
City averages based on Chuluota market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $1,874 |
| Total Monthly Debt Service | $1,622 |
| DSCR Ratio | 1.16x |
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.
Single Family
Built in 1966
10,296 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 32766, Oviedo, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 5,444 (100%) |
| Owner Occupied HU | 4,826 (88.6%) |
| Renter Occupied HU | 538 ( 9.9%) |
| Vacant Housing Units | 80 ( 1.5%) |
| Median Home Value | $598,793 |
| Average Home Value | $626,371 |
Housing Distribution
Address Breakdown
Residential
5,376
Single Family
5,328
Multi-Family
48
Businesses
64
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
Single Family
Built in 1966
10,296 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 32766, Oviedo, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 5,444 (100%) |
| Owner Occupied HU | 4,826 (88.6%) |
| Renter Occupied HU | 538 ( 9.9%) |
| Vacant Housing Units | 80 ( 1.5%) |
| Median Home Value | $598,793 |
| Average Home Value | $626,371 |
Housing Distribution
Address Breakdown
Residential
5,376
Single Family
5,328
Multi-Family
48
Businesses
64
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices