11220 NW 193rd StMicanopyFL32667
INVESTMENT ANALYSIS
Investment Verdict
Strong Cash FlowFew Micanopy rentals match the income profile of 11220 NW 193rd St, Micanopy, FL, 32667. Listed at $226,000, gross rent is $2,581/mo and net cash flow is $973/mo, a 13.71% yield well above national averages. DSCR 2.54 means Ziffy Mortgage can approve your loan on the property's income alone, bypassing personal income verification. The 5% annual appreciation trend adds $62,440 by year five with $2,081/yr in annual principal reduction, projecting $149,225 in total cumulative return.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 13.7% | 6.0% |
| Monthly Cash Flow | $973 | $500 |
City averages based on Micanopy market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $2,581 |
| Total Monthly Debt Service | $1,519 |
| DSCR Ratio | 1.70x |
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.
Manufactured
Built in 1995
1 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 32667, Micanopy, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,376 (100%) |
| Owner Occupied HU | 1,716 (72.2%) |
| Renter Occupied HU | 373 (15.7%) |
| Vacant Housing Units | 287 (12.1%) |
| Median Home Value | $375,414 |
| Average Home Value | $374,668 |
Housing Distribution
Address Breakdown
Residential
1,737
Single Family
1,737
Multi-Family
0
Businesses
124
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 1995
1 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 32667, Micanopy, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,376 (100%) |
| Owner Occupied HU | 1,716 (72.2%) |
| Renter Occupied HU | 373 (15.7%) |
| Vacant Housing Units | 287 (12.1%) |
| Median Home Value | $375,414 |
| Average Home Value | $374,668 |
Housing Distribution
Address Breakdown
Residential
1,737
Single Family
1,737
Multi-Family
0
Businesses
124
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices