851 W 24th PlSanfordFL32771
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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 Sanford at 851 W 24th Pl, Sanford, FL, 32771 generates $2,566/mo in rent and, after a $1,810/mo payment, leaves $112/mo in cash flow. Total monthly income is $2,566/mo, and annual cash flow is $1,341/yr on $122,622 invested. Return on cash invested sits at 21% in year one, and rental yield is 8.32% on a $369,900 entry. Equity gained on principal adds $2,387/yr, while 5% annual appreciation builds toward $102,197 over five years. Five-year ROI reaches 109.3% and total cumulative return in cash sums $134,026. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,566/mo property income rather than buyer’s personal income.
Single Family
Built in 2023
8,276 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 32771, Sanford, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 27,845 (100%) |
| Owner Occupied HU | 14,359 (51.6%) |
| Renter Occupied HU | 11,133 (40.0%) |
| Vacant Housing Units | 2,353 ( 8.5%) |
| Median Home Value | $441,198 |
| Average Home Value | $493,717 |
Housing Distribution
Address Breakdown
Residential
25,241
Single Family
17,667
Multi-Family
7,574
Businesses
1,923
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