610 Forest DrCasselberryFL32707
INVESTMENT ANALYSIS
Investment Verdict
Strong Cash FlowStrong cash flow defines 610 Forest Dr, Casselberry, FL, 32707 in Casselberry: $3,142/mo in rent, $958/mo net, 11.73% gross yield, all on a $321,400 acquisition. The 2.17 coverage ratio comfortably clears Ziffy Mortgage's threshold, enabling foreign-national buyers to close without U.S. credit documentation. Over five years, 5% appreciation adds $88,797 in value, and $2,960/yr in principal paydown steadily builds equity. Projected total cumulative return: $184,439.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 11.7% | 6.5% |
| Monthly Cash Flow | $958 | $300 |
City averages based on Casselberry market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $3,142 |
| Total Monthly Debt Service | $2,056 |
| DSCR Ratio | 1.53x |
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 1960
8,799 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 32707, Casselberry, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 16,623 (100%) |
| Owner Occupied HU | 10,272 (61.8%) |
| Renter Occupied HU | 5,554 (33.4%) |
| Vacant Housing Units | 797 ( 4.8%) |
| Median Home Value | $385,969 |
| Average Home Value | $407,860 |
Housing Distribution
Address Breakdown
Residential
16,471
Single Family
13,250
Multi-Family
3,221
Businesses
896
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 1960
8,799 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 32707, Casselberry, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 16,623 (100%) |
| Owner Occupied HU | 10,272 (61.8%) |
| Renter Occupied HU | 5,554 (33.4%) |
| Vacant Housing Units | 797 ( 4.8%) |
| Median Home Value | $385,969 |
| Average Home Value | $407,860 |
Housing Distribution
Address Breakdown
Residential
16,471
Single Family
13,250
Multi-Family
3,221
Businesses
896
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: N/A • N/A
Mls Name: undefined
Mls ID: #N/A