707 Evening Sky DrOviedoFL32765
INVESTMENT ANALYSIS
Investment Verdict
Solid IncomeA DSCR of 1.54 makes 707 Evening Sky Dr, Oviedo, FL, 32765 in Oviedo one of the easier properties to finance via Ziffy Mortgage's rental-income underwriting. Rental yield 8.31%. The 8.31% yield, 5% annual appreciation ($132,339 over five years), and $4,412/yr in principal reduction project a total cumulative return of $171,115.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 8.3% | 6.0% |
| Monthly Cash Flow | $(201) | $250 |
City averages based on Oviedo market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $3,318 |
| Total Monthly Debt Service | $3,328 |
| DSCR Ratio | 1.00x |
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.
Townhouse
Built in 2011
2,328 sqft lot
$N/A/sqft
$340 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 32765, Oviedo, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 25,332 (100%) |
| Owner Occupied HU | 16,263 (64.2%) |
| Renter Occupied HU | 8,015 (31.6%) |
| Vacant Housing Units | 1,054 ( 4.2%) |
| Median Home Value | $493,574 |
| Average Home Value | $547,777 |
Housing Distribution
Address Breakdown
Residential
24,128
Single Family
19,491
Multi-Family
4,637
Businesses
1,464
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
Townhouse
Built in 2011
2,328 sqft lot
$N/A/sqft
$340 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 32765, Oviedo, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 25,332 (100%) |
| Owner Occupied HU | 16,263 (64.2%) |
| Renter Occupied HU | 8,015 (31.6%) |
| Vacant Housing Units | 1,054 ( 4.2%) |
| Median Home Value | $493,574 |
| Average Home Value | $547,777 |
Housing Distribution
Address Breakdown
Residential
24,128
Single Family
19,491
Multi-Family
4,637
Businesses
1,464
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Laura Leigh Wood • RE/MAX TOWN & COUNTRY REALTY
Mls Name: Stellar MLS
Mls Provider:
Mls ID: #O6312085
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