732 Michigan Ct APT 3Saint 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
Investment property for sale in Saint Cloud at 732 Michigan Ct APT 3, Saint Cloud, FL, 34769 earns $164/mo cash flow from $1,093/mo rent with a $685/mo payment. Total monthly income totals $1,093/mo, and annual cash flow totals $1,970/yr on $46,410 capital. ROI tracks 24.15% on current figures, and rental yield reads 9.37% at a $140,000 purchase. Equity gained on principal adds $903/yr, and 5% annual appreciation supports $38,679 over five years. Five-year ROI reaches 126.28% and total cumulative return in cash sums $58,606. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $1,093/mo property income instead of your personal income.
Condo
Built in 1972
1,693 sqft lot
$N/A/sqft
No 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: Catherine Ferrer Vazquez • COLDWELL BANKER REALTY
Mls Name: Stellar MLS
Mls ID: #S5139613