10991 N RUNWAY CircleSaint MaryFL32040
INVESTMENT ANALYSIS
Investment Verdict
Solid IncomeAt $475,000, 10991 N RUNWAY Circle, Saint Mary, FL, 32040 in Saint Mary generates $3,214/mo in rent (8.12% yield) but nets only $11/mo after debt service. The spread is thin, manageable for investors comfortable with low-margin holds who are buying into the 5% annual appreciation thesis. Ziffy Mortgage's DSCR loan (1.50) allows non-U.S. residents to acquire without personal income checks. A larger down payment reduces the monthly debt load and widens the margin. Five-year appreciation: $131,234. Total projected return: $185,006.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 8.1% | 6.0% |
| Monthly Cash Flow | $11 | $300 |
City averages based on Saint Mary market data in our database. Property projections are estimates.
DSCR Rental Loan Qualification
Qualifies using the property's rental income, not your personal income.
- ✓No W-2, pay stubs, or tax returns needed
- ✓Rental income qualifies you
- ✓Built for real estate investors
| Monthly Rental Income | $3,214 |
| Total Monthly Debt Service | $2,963 |
| DSCR Ratio | 1.08x |
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 2026
2 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 32040, Glen Saint Mary, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,255 (100%) |
| Owner Occupied HU | 2,572 (79.0%) |
| Renter Occupied HU | 478 (14.7%) |
| Vacant Housing Units | 205 ( 6.3%) |
| Median Home Value | $274,365 |
| Average Home Value | $342,029 |
Housing Distribution
Address Breakdown
Residential
2,995
Single Family
2,995
Multi-Family
0
Businesses
119
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 2026
2 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 32040, Glen Saint Mary, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,255 (100%) |
| Owner Occupied HU | 2,572 (79.0%) |
| Renter Occupied HU | 478 (14.7%) |
| Vacant Housing Units | 205 ( 6.3%) |
| Median Home Value | $274,365 |
| Average Home Value | $342,029 |
Housing Distribution
Address Breakdown
Residential
2,995
Single Family
2,995
Multi-Family
0
Businesses
119
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: N/A • N/A
Mls Name: realMLS
Mls ID: #2135807