9090 Salem RdSaint CloudFL34773
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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 Saint Cloud at 9090 Salem Rd, Saint Cloud, FL, 34773 generates $1,437/mo in rent and, after a $1,052/mo payment, leaves $11/mo in cash flow. Total monthly income is $1,437/mo, and annual cash flow is $126/yr on $71,273 invested. Return on cash invested sits at 20.09% in year one, and rental yield is 8.02% on a $215,000 entry. Equity gained on principal adds $1,387/yr, while 5% annual appreciation builds toward $59,401 over five years. Five-year ROI reaches 104.39% and total cumulative return in cash sums $74,401. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,437/mo property income rather than buyer’s personal income.
Manufactured
Built in 2003
0.94 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 34773, Saint Cloud, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,191 (100%) |
| Owner Occupied HU | 2,584 (81.0%) |
| Renter Occupied HU | 342 (10.7%) |
| Vacant Housing Units | 265 ( 8.3%) |
| Median Home Value | $415,173 |
| Average Home Value | $531,787 |
Housing Distribution
Address Breakdown
Residential
2,938
Single Family
2,938
Multi-Family
0
Businesses
36
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Listed by: Rusty E Melle • ITG Realty
Mls Name: Space Coast AOR
Mls ID: #1062347