576 S Indigo RdAltamonte SpringsFL32714
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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 Altamonte Springs at 576 S Indigo Rd, Altamonte Springs, FL, 32714 offers $3,007/mo rent that, after a $1,958/mo payment, leaves $352/mo cash flow. Total monthly income is $3,007/mo, and annual cash flow is $4,228/yr on $132,600 cash. Return on cash invested measures 23.1% in year one, and rental yield stands at 9.02% at a $400,000 entry. Equity gained on principal adds $2,581/yr while 5% annual appreciation compounds into $110,513 by year five. Five-year ROI records 120.55% and total cumulative return in cash reaches $159,844. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $3,007/mo property income versus a $1,958/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 1978
8,625 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 32714, Altamonte Springs, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 17,246 (100%) |
| Owner Occupied HU | 7,343 (42.6%) |
| Renter Occupied HU | 8,815 (51.1%) |
| Vacant Housing Units | 1,088 ( 6.3%) |
| Median Home Value | $383,495 |
| Average Home Value | $427,906 |
Housing Distribution
Address Breakdown
Residential
16,682
Single Family
8,826
Multi-Family
7,856
Businesses
1,220
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Listed by: Mindy Machock • KELLER WILLIAMS REALTY AT THE PARKS
Mls Name: Stellar MLS
Mls ID: #O6371820