7130 Red Lantern DrHarmonyFL34773
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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 Harmony at 7130 Red Lantern Dr, Harmony, FL, 34773 offers a 12.37% rental yield on a $285,000 purchase with $2,938/mo rent. Total monthly income registers $2,938/mo, and a $1,395/mo payment leaves $1,047/mo available for distribution. Annual cash flow reaches $12,559/yr on $94,478 to close, and return on cash invested stands at 33.2% in year one. Equity gained on principal adds $1,839/yr while 5% annual appreciation supports $78,740 over five years. Portfolio math shows five-year ROI at 174.72% and total cumulative return in cash at $165,066. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $2,938/mo property income against a $1,395/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Condo
Built in 2006
3,484 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 34773, Saint Cloud, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,191 (100%) |
| Owner Occupied HU | 2,584 (81.0%) |
| Renter Occupied HU | 342 (10.7%) |
| Vacant Housing Units | 265 ( 8.3%) |
| Median Home Value | $415,173 |
| Average Home Value | $531,787 |
Housing Distribution
Address Breakdown
Residential
2,938
Single Family
2,938
Multi-Family
0
Businesses
36
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