7 Escondido Cir UNIT 71Altamonte 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
Rental property for sale in Altamonte Springs at 7 Escondido Cir UNIT 71, Altamonte Springs, FL, 32701 offers $1,404/mo rent that, after a $915/mo payment, leaves $163/mo cash flow. Total monthly income is $1,404/mo, and annual cash flow is $1,960/yr on $61,987 cash. Return on cash invested measures 23.07% in year one, and rental yield stands at 9.01% at a $186,990 entry. Equity gained on principal adds $1,207/yr while 5% annual appreciation compounds into $51,662 by year five. Five-year ROI records 120.44% and total cumulative return in cash reaches $74,655. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $1,404/mo property income versus a $915/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Condo
Built in 1981
N/A 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: Eric Rollings • MAINFRAME REAL ESTATE
Mls Name: Stellar MLS
Mls ID: #O6314251