623 Saint Johns Ct #623Winter ParkFL32792
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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 Winter Park at 623 Saint Johns Ct #623, Winter Park, FL, 32792 uses $74,588 cash to close to unlock $6,397/yr annual cash flow and $533/mo monthly cash flow. Total monthly income runs $2,026/mo, and a $1,101/mo payment keeps the spread at $533/mo. Purchase price stands at $225,000, and rental yield measures 10.81% with $2,026/mo rent. Return on cash invested shows 28.49% in year one, and 5% annual appreciation builds toward $62,163 over five years. Five-year ROI reaches 149.47% and total cumulative return in cash records $111,489. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,026/mo property income covering a $1,101/mo payment rather than investor’s personal income.
Condo
Built in 1981
3,367 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 32792, Winter Park, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 24,770 (100%) |
| Owner Occupied HU | 11,643 (47.0%) |
| Renter Occupied HU | 11,724 (47.3%) |
| Vacant Housing Units | 1,403 ( 5.7%) |
| Median Home Value | $451,811 |
| Average Home Value | $553,633 |
Housing Distribution
Address Breakdown
Residential
24,059
Single Family
15,744
Multi-Family
8,315
Businesses
1,497
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: David Dorman • CENTURY 21 CARIOTI
Mls Name: Stellar MLS
Mls ID: #O6362363