616 Magnolia StWindermereFL34786
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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 Windermere at 616 Magnolia St, Windermere, FL, 34786 priced at $890,000 converts $5,426/mo rent into after a $4,356/mo obligation. Total monthly income equals $5,426/mo. Return on cash invested prints 18.09% in year one, and rental yield reads 7.32% against a $890,000 entry. Equity gained on principal adds $5,743/yr, while 5% annual appreciation compiles into $245,891 by year five. Five-year ROI reaches 93.65% and total cumulative return in cash sums $274,216. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $5,426/mo property income covering a $4,356/mo payment, not borrower’s personal income.
Single Family
Built in 1986
0.38 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 34786, Windermere, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 16,680 (100%) |
| Owner Occupied HU | 10,727 (64.3%) |
| Renter Occupied HU | 4,784 (28.7%) |
| Vacant Housing Units | 1,169 ( 7.0%) |
| Median Home Value | $657,942 |
| Average Home Value | $813,864 |
Housing Distribution
Address Breakdown
Residential
17,247
Single Family
14,334
Multi-Family
2,913
Businesses
1,159
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Listed by: Darrell Nunnelley • VINTAGE REALTY GROUP LLC
Mls Name: Stellar MLS
Mls ID: #O6315742