623 Alton RdWinter SpringsFL32708
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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 Winter Springs at 623 Alton Rd, Winter Springs, FL, 32708 offers $2,819/mo rent that, after a $2,349/mo payment. Total monthly income is $2,819/mo. Return on cash invested measures 17.15% in year one, and rental yield stands at 7.05% at a $480,000 entry. Equity gained on principal adds $3,097/yr while 5% annual appreciation compounds into $132,615 by year five. Five-year ROI records 88.62% and total cumulative return in cash reaches $141,005. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $2,819/mo property income versus a $2,349/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 1978
0.26 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 32708, Winter Springs, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 20,014 (100%) |
| Owner Occupied HU | 14,147 (70.7%) |
| Renter Occupied HU | 5,169 (25.8%) |
| Vacant Housing Units | 698 ( 3.5%) |
| Median Home Value | $453,597 |
| Average Home Value | $511,340 |
Housing Distribution
Address Breakdown
Residential
19,491
Single Family
16,074
Multi-Family
3,417
Businesses
716
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Listed by: Brittany Reese • FOWLKES REALTY CO
Mls Name: Stellar MLS
Mls ID: #O6369691