710 Michigan Ct APT 2Saint CloudFL34769
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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 Saint Cloud at 710 Michigan Ct APT 2, Saint Cloud, FL, 34769 priced at $149,000 converts $1,154/mo rent into after a $729/mo obligation. Total monthly income equals $1,154/mo. Return on cash invested prints 16.48% in year one, and rental yield reads 9.29% against a $149,000 entry. Equity gained on principal adds $961/yr, while 5% annual appreciation compiles into $41,166 by year five. Five-year ROI reaches 87.83% and total cumulative return in cash sums $43,384. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $1,154/mo property income covering a $729/mo payment, not borrower’s personal income.
Condo
Built in 1972
1,693 sqft lot
$N/A/sqft
$300 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 34769, Saint Cloud, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 11,954 (100%) |
| Owner Occupied HU | 7,327 (61.3%) |
| Renter Occupied HU | 3,662 (30.6%) |
| Vacant Housing Units | 965 ( 8.1%) |
| Median Home Value | $347,776 |
| Average Home Value | $378,644 |
Housing Distribution
Address Breakdown
Residential
11,579
Single Family
10,333
Multi-Family
1,246
Businesses
881
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Listed by: Elsa Gonzalez • LPT REALTY, LLC
Mls Name: Stellar MLS
Mls Provider:
Mls ID: #S5118767
Disclaimer: IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed. Some IDX listings have been excluded from this website. Listing Information presented by local MLS brokerage: Zillow, Inc - (407) 904-3511