11537 W Bayshore DrCrystal RiverFL34429
INVESTMENT ANALYSIS
Investment Verdict
Strong Cash FlowInvestors targeting immediate dollar income will find 11537 W Bayshore Dr, Crystal River, FL, 34429 in Crystal River hard to pass up. The 18.75% gross yield on a $129,000 purchase results in $2,016/mo in rent and $1,160/mo in net cash, well above the spread required for Ziffy Mortgage's DSCR qualification (3.48). Annual cash flow of $13,919, five-year appreciation of $35,640, and $1,188/yr in equity build-up combine for a projected total cumulative return of $123,852.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 18.8% | 6.0% |
| Monthly Cash Flow | $1,160 | $300 |
City averages based on Crystal River market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $2,016 |
| Total Monthly Debt Service | $805 |
| DSCR Ratio | 2.51x |
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.
Condo
Built in 1973
1,306 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 34429, Crystal River, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 5,687 (100%) |
| Owner Occupied HU | 3,454 (60.7%) |
| Renter Occupied HU | 846 (14.9%) |
| Vacant Housing Units | 1,387 (24.4%) |
| Median Home Value | $308,497 |
| Average Home Value | $360,597 |
Housing Distribution
Address Breakdown
Residential
4,888
Single Family
4,852
Multi-Family
36
Businesses
692
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
Condo
Built in 1973
1,306 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 34429, Crystal River, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 5,687 (100%) |
| Owner Occupied HU | 3,454 (60.7%) |
| Renter Occupied HU | 846 (14.9%) |
| Vacant Housing Units | 1,387 (24.4%) |
| Median Home Value | $308,497 |
| Average Home Value | $360,597 |
Housing Distribution
Address Breakdown
Residential
4,888
Single Family
4,852
Multi-Family
36
Businesses
692
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Stephanie Price • Waybright Real Estate, Inc.
Mls Name: Realtors Association of Citrus County
Mls ID: #849628