94 E 18th StApopkaFL32703
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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 Apopka at 94 E 18th St, Apopka, FL, 32703 generates $2,257/mo in rent and, after a $1,419/mo payment, leaves $333/mo in cash flow. Total monthly income is $2,257/mo, and annual cash flow is $3,995/yr on $96,135 invested. Return on cash invested sits at 24.06% in year one, and rental yield is 9.34% on a $290,000 entry. Equity gained on principal adds $1,871/yr, while 5% annual appreciation builds toward $80,122 over five years. Five-year ROI reaches 125.7% and total cumulative return in cash sums $120,844. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,257/mo property income rather than buyer’s personal income.
Multi Family
Built in 2006
6,861 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 32703, Apopka, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 23,661 (100%) |
| Owner Occupied HU | 14,372 (60.7%) |
| Renter Occupied HU | 7,653 (32.3%) |
| Vacant Housing Units | 1,636 ( 6.9%) |
| Median Home Value | $402,799 |
| Average Home Value | $462,059 |
Housing Distribution
Address Breakdown
Residential
21,764
Single Family
17,844
Multi-Family
3,920
Businesses
1,687
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