897 W Charing Cross CirLake MaryFL32746
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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 Lake Mary at 897 W Charing Cross Cir, Lake Mary, FL, 32746 earns $290/mo cash flow from $2,646/mo rent with a $1,738/mo payment. Total monthly income totals $2,646/mo, and annual cash flow totals $3,477/yr on $117,683 capital. ROI tracks 22.86% on current figures, and rental yield reads 8.94% at a $355,000 purchase. Equity gained on principal adds $2,291/yr, and 5% annual appreciation supports $98,080 over five years. Five-year ROI reaches 119.27% and total cumulative return in cash sums $140,364. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $2,646/mo property income instead of your personal income.
Single Family
Built in 1993
3,950 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 32746, Lake Mary, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 19,109 (100%) |
| Owner Occupied HU | 11,363 (59.5%) |
| Renter Occupied HU | 6,806 (35.6%) |
| Vacant Housing Units | 940 ( 4.9%) |
| Median Home Value | $486,341 |
| Average Home Value | $559,537 |
Housing Distribution
Address Breakdown
Residential
19,489
Single Family
13,964
Multi-Family
5,525
Businesses
1,616
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