9423 Myrtle Creek Ln APT 504OrlandoFL32832
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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 Orlando at 9423 Myrtle Creek Ln APT 504, Orlando, FL, 32832 uses $82,875 cash to close to unlock $8,071/yr annual cash flow and $673/mo monthly cash flow. Total monthly income runs $2,332/mo, and a $1,224/mo payment keeps the spread at $673/mo. Purchase price stands at $250,000, and rental yield measures 11.19% with $2,332/mo rent. Return on cash invested shows 29.65% in year one, and 5% annual appreciation builds toward $69,070 over five years. Five-year ROI reaches 155.68% and total cumulative return in cash records $129,022. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,332/mo property income covering a $1,224/mo payment rather than investor’s personal income.
Condo
Built in 2004
1,440 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 32832, Orlando, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 16,605 (100%) |
| Owner Occupied HU | 8,951 (53.9%) |
| Renter Occupied HU | 6,329 (38.1%) |
| Vacant Housing Units | 1,325 ( 8.0%) |
| Median Home Value | $534,012 |
| Average Home Value | $608,950 |
Housing Distribution
Address Breakdown
Residential
16,014
Single Family
11,559
Multi-Family
4,455
Businesses
314
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