Renovated Half-Duplex Income
For Sale
$289,900
Pending
5291 INDIAN LAUREL COURT, Orlando, FL 32808
Updated half-duplex residence with a three-bedroom layout, enclosed outdoor space, and access to major Orlando-area roads.
Property Size1,220 SF
Days on Market35
Property Features for 5291 INDIAN LAUREL COURT
General Information
Standard status
Pending
Size
1,220 SF
Property subtype
Half Duplex
Building Details
Year Built
1985
Listing Agency:
NEW SOUTHERN PROPERTIES INC
(321) 262-6162
Listed By:
Michael Maier · License #3287187
Source:
Dennisrealty
Added: Jul 30
Changed: Sep 2
Last Checked: Sep 1 at 4:58PM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of NEW SOUTHERN PROPERTIES INC
Investment Insights
Based on property information with market context.
This residential income property is a half-duplex home built in 1985, offering 1,220 square feet with three bedrooms arranged in a split-bedroom plan and two full bathrooms. Interior and exterior paint have been refreshed, while the kitchen includes updated appliances and both bathrooms feature new fixtures. New flooring extends through the living and dining areas and all three bedrooms.
The property also includes a two-car garage, screened rear porch, and private fenced backyard. Positioned on a cul-de-sac in Orlando’s Rosemont neighborhood, it provides access to SR441, Lee Road, and John Young Parkway, with connections to Maitland Boulevard, SR429, and I-4.
The property also includes a two-car garage, screened rear porch, and private fenced backyard. Positioned on a cul-de-sac in Orlando’s Rosemont neighborhood, it provides access to SR441, Lee Road, and John Young Parkway, with connections to Maitland Boulevard, SR429, and I-4.
Key Highlights
- 1,220‑square‑foot half‑duplex home built in 1985
- Three bedrooms with split‑bedroom floor plan
- Two full bathrooms with new fixtures
Financial Insights
Estimated NOI and Cap Rate
NOI = area × lease_rate × (100 − vacancy) / 100 × (1 − expense_ratio). Net Operating Income — what the owner takes home each year before mortgage payments and income tax. Effective rent (asking rent minus vacancy losses) minus operating costs (taxes, insurance, maintenance, management).
NOI / Yr
$15,810
Cap rate = NOI / list price × 100. Capitalization rate — annual return on a fully cash purchase, before financing. NOI divided by price. Higher means more income per dollar invested, but usually also more risk or older condition. 5–8% is typical for stabilized commercial property; double digits often signal distressed deals.
Cap Rate
5.45%
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$316,200
$316.2K
Cap Rate 7%
$225,857
$225.9K
Cap Rate 9%
$175,667
$175.7K
Market Conditions
NOI Build-Up for 1,220 SF
Vacancy — income lost from leasable area expected to sit empty during the year, subtracted from gross rent.
EGI (Effective Gross Income) — gross rent minus vacancy losses, the realistic income before paying operating costs.
OpEx (Operating Expenses) — recurring costs to operate the property (property tax, insurance, utilities, maintenance, management); excludes financing and capital improvements.
NOI (Net Operating Income) — income a property generates after operating costs but before financing and taxes.
Gross rent
$30.7K $25.20/SF
− Vacancy
−$2.0K −$1.64/SF
EGI
$28.7K $23.56/SF
− OpEx
−$12.9K −$10.60/SF
NOI
$15.8K $12.96/SF
Area
Orlando, FL
Vacancy
6.50%
Lease Rate
$25.20 /SF/Yr
Expense Ratio
45.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$316,200
Cap Rate 7%
$225,857
Cap Rate 9%
$175,667
Alternative Uses
Best Use
Apartment 5plus
$225.9K
$197.6K – $263.5K
NOI $15,810 @ 7.0% cap · market cap 5.45%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$393.0K
$343.9K – $458.5K
NOI $27,510 @ 7.0% cap · market cap 9.49%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
569
Businesses Nearby
Explore this area
Business Placement
Demographics for 32808, FL
52,551
Population
21,291
Households
2.5
Avg Household Size
34
Median Age
12%
College-Educated
78%
High-School Grad
11.9 sq mi
ZIP Area
4,416
Density / Sq Mi
$47,575
Median Household Income
$31,180
Median Earnings
$1,375
Median Rent
$218,600
Median Home Value
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Residential income property - Updated half-duplex residence with a three-bedroom layout, enclosed outdoor space, and access to major Orlando-area roads.
Where is this residential income property located?
The property is located at 5291 INDIAN LAUREL COURT Orlando, FL.
What is the asking price?
The asking price for this property is $289,900.
What are key features of this property?
This property features: 1,220‑square‑foot half‑duplex home built in 1985; Three bedrooms with split‑bedroom floor plan; Two full bathrooms with new fixtures
