831 Camargo Way UNIT 203Altamonte SpringsFL32714
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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
Rental property for sale in Altamonte Springs at 831 Camargo Way UNIT 203, Altamonte Springs, FL, 32714 generates $1,597/mo in rent and, after a $829/mo payment, leaves $253/mo in cash flow. Total monthly income is $1,597/mo, and annual cash flow is $3,038/yr on $56,146 invested. Return on cash invested sits at 25.32% in year one, and rental yield is 11.31% on a $169,369 entry. Equity gained on principal adds $1,093/yr, while 5% annual appreciation builds toward $46,794 over five years. Five-year ROI reaches 134.25% and total cumulative return in cash sums $75,375. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,597/mo property income rather than buyer’s personal income.
Condo
Built in 1997
441 sqft lot
$N/A/sqft
$209 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 32714, Altamonte Springs, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 17,246 (100%) |
| Owner Occupied HU | 7,343 (42.6%) |
| Renter Occupied HU | 8,815 (51.1%) |
| Vacant Housing Units | 1,088 ( 6.3%) |
| Median Home Value | $383,495 |
| Average Home Value | $427,906 |
Housing Distribution
Address Breakdown
Residential
16,682
Single Family
8,826
Multi-Family
7,856
Businesses
1,220
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Listed by: Caryoli Ortiz Gallardo • HIGHLIGHT REALTY CORP/LW
Mls Name: Stellar MLS
Mls Provider:
Mls ID: #O6263735
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. Some IDX listings have been excluded from this website. Listing Information presented by local MLS brokerage: Zillow, Inc - (407) 904-3511