70 Griggs AveCasselberryFL32707
INVESTMENT ANALYSIS
Investment Verdict
Income-Producing70 Griggs Ave, Casselberry, FL, 32707 in Casselberry is a stable, well-positioned rental at $575,000. Rental yield 6%. DSCR 1.11 qualifies for Ziffy Mortgage's DSCR mortgage without U.S. income documentation. Over five years, 5% appreciation adds $158,862 in value and $5,296/yr in principal paydown builds equity, a total projected return of $158,671.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 6% | 6.5% |
| Monthly Cash Flow | $(939) | $300 |
City averages based on Casselberry market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $2,876 |
| Total Monthly Debt Service | $3,587 |
| DSCR Ratio | 0.80x |
Ziffy Mortgage typically prefers a DSCR of 1.0+, but in some cases you may qualify with a DSCR below 1. To explore if this deal qualifies for an investment mortgage, book time with your loan officer →
Estimates assume 6.0% rate / 30-yr fixed, 30% down, 1% tax, 0.5% insurance. Not a commitment to lend.
Multi Family
Built in 1959
0.25 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 32707, Casselberry, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 16,623 (100%) |
| Owner Occupied HU | 10,272 (61.8%) |
| Renter Occupied HU | 5,554 (33.4%) |
| Vacant Housing Units | 797 ( 4.8%) |
| Median Home Value | $385,969 |
| Average Home Value | $407,860 |
Housing Distribution
Address Breakdown
Residential
16,471
Single Family
13,250
Multi-Family
3,221
Businesses
896
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
Multi Family
Built in 1959
0.25 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 32707, Casselberry, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 16,623 (100%) |
| Owner Occupied HU | 10,272 (61.8%) |
| Renter Occupied HU | 5,554 (33.4%) |
| Vacant Housing Units | 797 ( 4.8%) |
| Median Home Value | $385,969 |
| Average Home Value | $407,860 |
Housing Distribution
Address Breakdown
Residential
16,471
Single Family
13,250
Multi-Family
3,221
Businesses
896
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: N/A • N/A
Mls Name: Stellar MLS
Mls ID: #O6395148