788 E Michigan St UNIT 19OrlandoFL32806
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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 788 E Michigan St UNIT 19, Orlando, FL, 32806 listed at $129,900 pairs $1,022/mo rent with a $636/mo payment to leave $160/mo cash flow. Total monthly income runs $1,022/mo, and annual cash flow reaches $1,917/yr on $43,062 cash to close. Return on cash invested measures 24.36% in year one, and rental yield registers 9.44% at a $129,900 basis. Equity gained on principal adds $838/yr, and annual property appreciation at 5% supports $35,889 by year five. Five-year ROI tracks 127.34% and total cumulative return in cash totals $54,835. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $1,022/mo property income relative to a $636/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Condo
Built in 1967
3,903 sqft 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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