754 E Michigan St UNIT 183OrlandoFL32806
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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 754 E Michigan St UNIT 183, Orlando, FL, 32806 earns $874/mo cash flow from $1,637/mo rent with a $563/mo payment. Total monthly income totals $1,637/mo, and annual cash flow totals $10,485/yr on $38,123 capital. ROI tracks 47.41% on current figures, and rental yield reads 17.08% at a $115,000 purchase. Equity gained on principal adds $742/yr, and 5% annual appreciation supports $31,772 over five years. Five-year ROI reaches 250.93% and total cumulative return in cash sums $95,661. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $1,637/mo property income instead of your personal income.
Condo
Built in 1969
0.29 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 32806, Orlando, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 12,834 (100%) |
| Owner Occupied HU | 7,904 (61.6%) |
| Renter Occupied HU | 4,055 (31.6%) |
| Vacant Housing Units | 875 ( 6.8%) |
| Median Home Value | $498,144 |
| Average Home Value | $589,223 |
Housing Distribution
Address Breakdown
Residential
12,145
Single Family
10,217
Multi-Family
1,928
Businesses
1,230
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