626 Red Oak Cir UNIT 110Altamonte SpringsFL32701
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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 Altamonte Springs at 626 Red Oak Cir UNIT 110, Altamonte Springs, FL, 32701 listed at $322,000 pairs $2,700/mo rent with a $1,576/mo payment to leave $563/mo cash flow. Total monthly income runs $2,700/mo, and annual cash flow reaches $6,758/yr on $106,743 cash to close. Return on cash invested measures 26.24% in year one, and rental yield registers 10.06% at a $322,000 basis. Equity gained on principal adds $2,078/yr, and annual property appreciation at 5% supports $88,963 by year five. Five-year ROI tracks 137.42% and total cumulative return in cash totals $146,683. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $2,700/mo property income relative to a $1,576/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Condo
Built in 1985
1,306 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 32701, Altamonte Springs, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 11,985 (100%) |
| Owner Occupied HU | 5,361 (44.7%) |
| Renter Occupied HU | 5,608 (46.8%) |
| Vacant Housing Units | 1,016 ( 8.5%) |
| Median Home Value | $371,252 |
| Average Home Value | $448,180 |
Housing Distribution
Address Breakdown
Residential
10,834
Single Family
8,025
Multi-Family
2,809
Businesses
952
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Listed by: Simeon Streeter • CLEAR BLUE SKY REAL ESTATE
Mls Name: Stellar MLS
Mls ID: #O6363805