Investing in Seminole County
Seminole County covers 2 rental markets we actively finance in Florida — Oviedo, Sanford. Across those markets the median investment basis averages $410,000, a long-term lease averages $2,100/month, and the average all-in PITIA on a DSCR loan at the minimum down payment is $2,919. That produces a county-wide average DSCR ratio near 0.72x.
Basis varies more inside Seminole County than the average suggests. Sanford is the lowest entry point at roughly $350,000, while Sanford currently models the strongest coverage ratio in the county at 0.74x. When two towns in the same county ratio differently, it is almost always the rent-to-price relationship rather than the rate — the same loan pricing applies county-wide, so the deal is won on which submarket you buy in.