710 Ridenhour Cir #710OrlandoFL32809
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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
Investment property for sale in Orlando at 710 Ridenhour Cir #710, Orlando, FL, 32809 offers a 14.26% rental yield on a $180,900 purchase with $2,149/mo rent. Total monthly income registers $2,149/mo, and a $885/mo payment leaves $754/mo available for distribution. Annual cash flow reaches $9,049/yr on $59,968 to close, and return on cash invested stands at 35% in year one. Equity gained on principal adds $1,167/yr while 5% annual appreciation supports $49,979 over five years. Portfolio math shows five-year ROI at 185.84% and total cumulative return in cash at $111,443. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $2,149/mo property income against a $885/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Condo
Built in 1976
4,491 sqft lot
$N/A/sqft
$190 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 32809, Orlando, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 9,910 (100%) |
| Owner Occupied HU | 5,039 (50.8%) |
| Renter Occupied HU | 4,250 (42.9%) |
| Vacant Housing Units | 621 ( 6.3%) |
| Median Home Value | $374,795 |
| Average Home Value | $472,367 |
Housing Distribution
Address Breakdown
Residential
9,721
Single Family
8,061
Multi-Family
1,660
Businesses
2,241
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