947 Ferne Dr #JW2S31LongwoodFL32779
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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
Rental property for sale in Longwood at 947 Ferne Dr #JW2S31, Longwood, FL, 32779 offers $4,040/mo rent that, after a $4,253/mo payment. Total monthly income is $4,040/mo. Return on cash invested measures 12.81% in year one, and rental yield stands at 5.58% at a $868,900 entry. Equity gained on principal adds $5,607/yr while 5% annual appreciation compounds into $240,061 by year five. Five-year ROI records 65.35% and total cumulative return in cash reaches $186,807. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $4,040/mo property income versus a $4,253/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Home Type Unknown
Built in N/A
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 32779, Longwood, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 12,538 (100%) |
| Owner Occupied HU | 9,295 (74.1%) |
| Renter Occupied HU | 2,767 (22.1%) |
| Vacant Housing Units | 476 ( 3.8%) |
| Median Home Value | $566,920 |
| Average Home Value | $653,808 |
Housing Distribution
Address Breakdown
Residential
11,772
Single Family
11,628
Multi-Family
144
Businesses
442
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