912 Lake Destiny Rd UNIT FAltamonte SpringsFL32714
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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 Altamonte Springs at 912 Lake Destiny Rd UNIT F, Altamonte Springs, FL, 32714 earns $168/mo cash flow from $1,310/mo rent with a $842/mo payment. Total monthly income totals $1,310/mo, and annual cash flow totals $2,021/yr on $57,018 capital. ROI tracks 23.45% on current figures, and rental yield reads 9.14% at a $172,000 purchase. Equity gained on principal adds $1,110/yr, and 5% annual appreciation supports $47,520 over five years. Five-year ROI reaches 122.47% and total cumulative return in cash sums $69,829. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $1,310/mo property income instead of your personal income.
Condo
Built in 1973
526 sqft lot
$N/A/sqft
No 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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Vanessa Wang • EXP REALTY LLC
Mls Name: Stellar MLS
Mls ID: #O6310549