11588 SE County Road 245LuluFL32061
INVESTMENT ANALYSIS
Investment Verdict
Strong Cash FlowDay-one income is the story at 11588 SE County Road 245, Lulu, FL, 32061 in Lulu. Priced at $195,000, it generates $1,920/mo in gross rent and $626/mo in net monthly cash flow, a 11.82% yield that comfortably supports the 2.19 DSCR needed for Ziffy Mortgage's no-W2 DSCR mortgage. Projected annual cash flow: $7,511. Five-year appreciation: $53,875. Equity from principal paydown: $1,796/yr. Total projected cumulative return: $114,625.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 11.8% | 6.2% |
| Monthly Cash Flow | $626 | $350 |
City averages based on Lulu market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $1,920 |
| Total Monthly Debt Service | $1,216 |
| DSCR Ratio | 1.58x |
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 2007
1 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 32061, Lulu, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 159 (100%) |
| Owner Occupied HU | 98 (61.6%) |
| Renter Occupied HU | 28 (17.6%) |
| Vacant Housing Units | 33 (20.8%) |
| Median Home Value | $150,000 |
| Average Home Value | $190,842 |
Housing Distribution
Address Breakdown
Residential
138
Single Family
138
Multi-Family
0
Businesses
2
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 2007
1 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 32061, Lulu, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 159 (100%) |
| Owner Occupied HU | 98 (61.6%) |
| Renter Occupied HU | 28 (17.6%) |
| Vacant Housing Units | 33 (20.8%) |
| Median Home Value | $150,000 |
| Average Home Value | $190,842 |
Housing Distribution
Address Breakdown
Residential
138
Single Family
138
Multi-Family
0
Businesses
2
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Samantha Prueter • United Country Real Estate|Lifestyle Properties
Mls Name: NFMLS
Mls Provider:
Mls ID: #126750
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.