700 Seabrook Ct UNIT 201Altamonte SpringsFL32714
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
Rental property for sale in Altamonte Springs at 700 Seabrook Ct UNIT 201, Altamonte Springs, FL, 32714 generates $1,927/mo in rent and, after a $1,370/mo payment, leaves $69/mo in cash flow. Total monthly income is $1,927/mo, and annual cash flow is $832/yr on $92,820 invested. Return on cash invested sits at 20.81% in year one, and rental yield is 8.26% on a $280,000 entry. Equity gained on principal adds $1,807/yr, while 5% annual appreciation builds toward $77,359 over five years. Five-year ROI reaches 108.24% and total cumulative return in cash sums $100,473. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,927/mo property income rather than buyer’s personal income.
Condo
Built in 2003
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 32714, Altamonte Springs, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 17,246 (100%) |
| Owner Occupied HU | 7,343 (42.6%) |
| Renter Occupied HU | 8,815 (51.1%) |
| Vacant Housing Units | 1,088 ( 6.3%) |
| Median Home Value | $383,495 |
| Average Home Value | $427,906 |
Housing Distribution
Address Breakdown
Residential
16,682
Single Family
8,826
Multi-Family
7,856
Businesses
1,220
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Jenny Wemert • WEMERT GROUP REALTY LLC
Mls Name: Stellar MLS
Mls ID: #O6373665