622 E 8th StSanfordFL32771
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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 Sanford at 622 E 8th St, Sanford, FL, 32771 earns $187/mo cash flow from $1,513/mo rent with a $978/mo payment. Total monthly income totals $1,513/mo, and annual cash flow totals $2,242/yr on $66,267 capital. ROI tracks 23.29% on current figures, and rental yield reads 9.08% at a $199,900 purchase. Equity gained on principal adds $1,290/yr, and 5% annual appreciation supports $55,229 over five years. Five-year ROI reaches 121.56% and total cumulative return in cash sums $80,557. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $1,513/mo property income instead of your personal income.
Single Family
Built in 1934
5,350 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 32771, Sanford, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 27,845 (100%) |
| Owner Occupied HU | 14,359 (51.6%) |
| Renter Occupied HU | 11,133 (40.0%) |
| Vacant Housing Units | 2,353 ( 8.5%) |
| Median Home Value | $441,198 |
| Average Home Value | $493,717 |
Housing Distribution
Address Breakdown
Residential
25,241
Single Family
17,667
Multi-Family
7,574
Businesses
1,923
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