5963 Westgate Dr APT 1423OrlandoFL32835
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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 Orlando at 5963 Westgate Dr APT 1423, Orlando, FL, 32835 uses $75,880 cash to close to unlock $6,232/yr annual cash flow and $519/mo monthly cash flow. Total monthly income runs $2,038/mo, and a $1,120/mo payment keeps the spread at $519/mo. Purchase price stands at $228,900, and rental yield measures 10.68% with $2,038/mo rent. Return on cash invested shows 28.12% in year one, and 5% annual appreciation builds toward $63,241 over five years. Five-year ROI reaches 147.51% and total cumulative return in cash records $111,933. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,038/mo property income covering a $1,120/mo payment rather than investor’s personal income.
Condo
Built in 1999
4,759 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 32835, Orlando, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 19,816 (100%) |
| Owner Occupied HU | 7,512 (37.9%) |
| Renter Occupied HU | 10,965 (55.3%) |
| Vacant Housing Units | 1,339 ( 6.8%) |
| Median Home Value | $425,464 |
| Average Home Value | $474,433 |
Housing Distribution
Address Breakdown
Residential
17,902
Single Family
8,812
Multi-Family
9,090
Businesses
740
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