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Price: $300K - 500K
Monthly Cash Flow: 1 - 3k+
Home Type: Single Family
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A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |
Rental property for sale in Altamonte Springs at 596 Orange Dr APT 151, Altamonte Springs, FL, 32701 generates $955/mo in rent, after a $489/mo payment. Total monthly income is $955/mo. Return on cash invested sits at 13.26% in year one, and rental yield is 11.46% on a $100,000 entry. Equity gained on principal adds $645/yr, while 5% annual appreciation builds toward $27,628 over five years. Five-year ROI reaches 74.11% and total cumulative return in cash sums $24,568. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $955/mo property income rather than buyer’s personal income.
Condo
Built in 1972
325 sqft lot
$N/A/sqft
$404 monthly HOA
Neighborhood data shown for ZIP Code: 32701, Altamonte Springs, FL area.
| 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 |
Residential
10,834
Single Family
8,025
Multi-Family
2,809
Businesses
952
Date | Event | Price |
|---|---|---|
| 2025-03-28 | Sold | $100,000 |
| 2025-03-08 | Pending sale | $114,500 |
| 2025-03-05 | Price change | $114,500 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-06-16 | $1748.87 | 18.99% | $90,131 | 10.00% |
| 2023-06-16 | $1469.71 | 8.88% | $81,937 | 10.00% |
| 2022-06-16 | $1349.83 | 18.77% | $74,488 | 10.00% |
Listed by: Robert Arnold, Jr • SAND DOLLAR REALTY GROUP INC
Mls Name: Stellar MLS
Mls Provider:
Mls ID: #O6271369
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
