7115 Lake Ola DrMount DoraFL32757
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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 Mount Dora at 7115 Lake Ola Dr, Mount Dora, FL, 32757 generates $2,905/mo in rent and, after a $1,630/mo payment, leaves $695/mo in cash flow. Total monthly income is $2,905/mo, and annual cash flow is $8,340/yr on $110,390 invested. Return on cash invested sits at 27.46% in year one, and rental yield is 10.47% on a $333,000 entry. Equity gained on principal adds $2,149/yr, while 5% annual appreciation builds toward $92,002 over five years. Five-year ROI reaches 144% and total cumulative return in cash sums $158,957. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,905/mo property income rather than buyer’s personal income.
Single Family
Built in 1956
0.29 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 32757, Mount Dora, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 16,234 (100%) |
| Owner Occupied HU | 10,496 (64.7%) |
| Renter Occupied HU | 4,239 (26.1%) |
| Vacant Housing Units | 1,499 ( 9.2%) |
| Median Home Value | $421,562 |
| Average Home Value | $469,682 |
Housing Distribution
Address Breakdown
Residential
14,393
Single Family
11,966
Multi-Family
2,427
Businesses
887
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Listed by: Kristie Baumgartner • BHHS FLORIDA REALTY
Mls Name: Stellar MLS
Mls Provider:
Mls ID: #G5095108
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