616 Emerald Grove DrApopkaFL32703
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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 Apopka at 616 Emerald Grove Dr, Apopka, FL, 32703 with 5% annual appreciation on a $364,999 basis while $2,636/mo rent supports operations. Total monthly income totals $2,636/mo and a $1,786/mo payment preserves $214/mo for cash returns. Annual cash flow comes to $2,571/yr on $120,997 deployed, and return on cash invested reaches 22.03% in year one. Equity gained on principal adds $2,355/yr, and five-year appreciation sums $100,842 alongside rental yield of 8.67%. Five-year ROI measures 114.85% and total cumulative return in cash totals $138,967.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $2,636/mo property income versus a $1,786/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Townhouse
Built in 2025
3,909 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 32703, Apopka, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 23,661 (100%) |
| Owner Occupied HU | 14,372 (60.7%) |
| Renter Occupied HU | 7,653 (32.3%) |
| Vacant Housing Units | 1,636 ( 6.9%) |
| Median Home Value | $402,799 |
| Average Home Value | $462,059 |
Housing Distribution
Address Breakdown
Residential
21,764
Single Family
17,844
Multi-Family
3,920
Businesses
1,687
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