6123 113th St APT 502SeminoleFL33772
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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 Seminole at 6123 113th St APT 502, Seminole, FL, 33772 uses $59,670 cash to close to unlock $2,262/yr annual cash flow and $189/mo monthly cash flow. Total monthly income runs $1,383/mo, and a $881/mo payment keeps the spread at $189/mo. Purchase price stands at $180,000, and rental yield measures 9.22% with $1,383/mo rent. Return on cash invested shows 23.7% in year one, and 5% annual appreciation builds toward $49,731 over five years. Five-year ROI reaches 123.79% and total cumulative return in cash records $73,865. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,383/mo property income covering a $881/mo payment rather than investor’s personal income.
Condo
Built in 1988
7 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 33772, Seminole, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 13,178 (100%) |
| Owner Occupied HU | 8,824 (67.0%) |
| Renter Occupied HU | 2,809 (21.3%) |
| Vacant Housing Units | 1,545 (11.7%) |
| Median Home Value | $418,239 |
| Average Home Value | $465,518 |
Housing Distribution
Address Breakdown
Residential
11,680
Single Family
9,197
Multi-Family
2,483
Businesses
561
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