11190 NE 2nd WayBranfordFL32008
INVESTMENT ANALYSIS
Investment Verdict
Steady Equity BuilderFor first-time U.S. investors or those diversifying conservatively, 11190 NE 2nd Way, Branford, FL, 32008 in Branford offers a clean, manageable entry. Rental yield 7.25%. DSCR 1.34 qualifies for Ziffy Mortgage's no-W2 mortgage for non-U.S. residents. Long-term: 5% annual appreciation projects $85,371 in additional property value over five years, with $2,846/yr in principal equity building ownership stake. Total projected cumulative return: $105,920.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 7.3% | 7.0% |
| Monthly Cash Flow | $(185) | $400 |
City averages based on Branford market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $1,866 |
| Total Monthly Debt Service | $1,928 |
| DSCR Ratio | 0.97x |
Ziffy Mortgage typically prefers a DSCR of 1.0+, but in some cases you may qualify with a DSCR below 1. To explore if this deal qualifies for an investment mortgage, 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.
Manufactured
Built in 2011
10.46 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 32008, Branford, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,150 (100%) |
| Owner Occupied HU | 2,054 (65.2%) |
| Renter Occupied HU | 413 (13.1%) |
| Vacant Housing Units | 683 (21.7%) |
| Median Home Value | $153,846 |
| Average Home Value | $182,875 |
Housing Distribution
Address Breakdown
Residential
2,456
Single Family
2,432
Multi-Family
24
Businesses
219
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
Manufactured
Built in 2011
10.46 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 32008, Branford, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,150 (100%) |
| Owner Occupied HU | 2,054 (65.2%) |
| Renter Occupied HU | 413 (13.1%) |
| Vacant Housing Units | 683 (21.7%) |
| Median Home Value | $153,846 |
| Average Home Value | $182,875 |
Housing Distribution
Address Breakdown
Residential
2,456
Single Family
2,432
Multi-Family
24
Businesses
219
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Natalie Rankin • HOMETOWN REALTY OF NORTH FLORIDA, INC.
Mls Name: NFMLS
Mls Provider:
Mls ID: #125064
Disclaimer: IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.