421 Summit Ridge Pl, Apt 209, Longwood, FL 32779

Longwood, FL 32779 · 1 bd · 1 ba · 948 sqft · Condo · 19 days on market

The math, in full

Asking price: $144,900
Down payment (15%): $21,735
Loan amount: $123,165
Est. monthly rent: $2,190/mo; Range $1,862–$2,519/mo
Monthly payment, all-in: $1,603/mo; Mortgage + taxes + insurance (PITIA)
Cashflow ratio (DSCR): 1.37; $2,190 rent ÷ $1,603 payment
Monthly cashflow: +$587/mo; What's left after the payment

Where the rent number comes from

Median asking rent for 1-bedroom homes in zip 32779, from current market comps — not a per-property guess. Medium confidence — a moderate number of comparable rentals in this zip.

Cash to start

$21,735

15% down on $144,900

Your local lender

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Screened against real lending criteria — this one fits 2 programs.
Qualifies on the property's rent — no W-2 or tax returns.
Listing data verified as of June 9, 2026.

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Rent, payment, and cashflow figures are estimates based on current market data and business-purpose investment-loan criteria, for non-owner-occupied property. Not a commitment to lend, not financial advice, and not an offer of any specific loan or property. Listing data may change; properties may sell. All terms confirmed by a loan officer and subject to underwriting and appraisal.