1027 NW 23rd AveOcalaFL34475
INVESTMENT ANALYSIS
Investment Verdict
Strong Cash FlowThe yield at 1027 NW 23rd Ave, Ocala, FL, 34475 in Ocala speaks for itself: 18.33% gross on a $110,000 price, generating $1,680/mo in rent and $950/mo in net income after the $495/mo debt service. DSCR 3.39, a wide margin that supports Ziffy Mortgage's DSCR loan without any personal income check. Annual cash flow of $11,400 stacks alongside $30,391 in projected five-year appreciation and $1,013/yr in principal reduction. Projected total cumulative return: $103,081.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 18.3% | 8.2% |
| Monthly Cash Flow | $950 | $425 |
City averages based on Ocala market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $1,680 |
| Total Monthly Debt Service | $686 |
| DSCR Ratio | 2.45x |
Ziffy Mortgage: Your DSCR most likely meets our 1.0+ requirement, so you'll most probably qualify for our standard DSCR investment loan program. To pre-qualify, book time with your loan officer →
Estimates assume 6.0% rate / 30-yr fixed, 30% down, 1% tax, 0.5% insurance. Not a commitment to lend.
Single Family
Built in 1973
8,712 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 34475, Ocala, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 5,612 (100%) |
| Owner Occupied HU | 2,667 (47.5%) |
| Renter Occupied HU | 2,291 (40.8%) |
| Vacant Housing Units | 654 (11.7%) |
| Median Home Value | $225,000 |
| Average Home Value | $261,446 |
Housing Distribution
Address Breakdown
Residential
5,182
Single Family
4,114
Multi-Family
1,068
Businesses
805
Nearby investment properties with comparable rents
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
Single Family
Built in 1973
8,712 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 34475, Ocala, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 5,612 (100%) |
| Owner Occupied HU | 2,667 (47.5%) |
| Renter Occupied HU | 2,291 (40.8%) |
| Vacant Housing Units | 654 (11.7%) |
| Median Home Value | $225,000 |
| Average Home Value | $261,446 |
Housing Distribution
Address Breakdown
Residential
5,182
Single Family
4,114
Multi-Family
1,068
Businesses
805
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices