727 Sugar Bay Way UNIT 203Lake MaryFL32746
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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 Lake Mary at 727 Sugar Bay Way UNIT 203, Lake Mary, FL, 32746 uses $50,388 cash to close to unlock $147/yr annual cash flow and $12/mo monthly cash flow. Total monthly income runs $1,357/mo, and a $744/mo payment keeps the spread at $12/mo. Purchase price stands at $152,000, and rental yield measures 10.71% with $1,357/mo rent. Return on cash invested shows 20.2% in year one, and 5% annual appreciation builds toward $41,995 over five years. Five-year ROI reaches 107.97% and total cumulative return in cash records $54,406. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,357/mo property income covering a $744/mo payment rather than investor’s personal income.
Condo
Built in 1991
N/A lot
$N/A/sqft
$336 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 32746, Lake Mary, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 19,109 (100%) |
| Owner Occupied HU | 11,363 (59.5%) |
| Renter Occupied HU | 6,806 (35.6%) |
| Vacant Housing Units | 940 ( 4.9%) |
| Median Home Value | $486,341 |
| Average Home Value | $559,537 |
Housing Distribution
Address Breakdown
Residential
19,489
Single Family
13,964
Multi-Family
5,525
Businesses
1,616
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Listed by: Luis Esteves Lugo • Realty One Group Evolution
Mls Name: MIAMI
Mls Provider:
Mls ID: #A11743109
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.