6148 Westgate Dr APT 302OrlandoFL32835
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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 Orlando at 6148 Westgate Dr APT 302, Orlando, FL, 32835 generates $1,936/mo in rent and, after a $929/mo payment, leaves $122/mo in cash flow. Total monthly income is $1,936/mo, and annual cash flow is $1,461/yr on $62,952 invested. Return on cash invested sits at 22.23% in year one, and rental yield is 12.23% on a $189,900 entry. Equity gained on principal adds $1,225/yr, while 5% annual appreciation builds toward $52,466 over five years. Five-year ROI reaches 119.72% and total cumulative return in cash sums $75,365. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,936/mo property income rather than buyer’s personal income.
Condo
Built in 1988
5,936 sqft lot
$N/A/sqft
$479 monthly 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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Listed by: Jose Ignacio Plaza • LPT REALTY, LLC
Mls Name: Stellar MLS
Mls Provider:
Mls ID: #S5127967
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