922 Vineland PlLake 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
Rental property for sale in Lake Mary at 922 Vineland Pl, Lake Mary, FL, 32746 priced at $254,000 converts $2,140/mo rent into $455/mo cash flow after a $1,243/mo obligation. Total monthly income equals $2,140/mo, and annual cash flow totals $5,455/yr on $84,201 invested. Return on cash invested prints 26.39% in year one, and rental yield reads 10.11% against a $254,000 entry. Equity gained on principal adds $1,639/yr, while 5% annual appreciation compiles into $70,176 by year five. Five-year ROI reaches 138.19% and total cumulative return in cash sums $116,358. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $2,140/mo property income covering a $1,243/mo payment, not borrower’s personal income.
Townhouse
Built in 2002
1,196 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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