117 LAKE VIEW AvenueGeorgetownFL32139
INVESTMENT ANALYSIS
Investment Verdict
Solid IncomeInvestors who value predictability will appreciate 117 LAKE VIEW Avenue, Georgetown, FL, 32139 in Georgetown. At $199,900 it earns $1,556/mo in rent and distributes $230/mo to the owner after the $899/mo payment, a consistent 9.34% yield. DSCR 1.73 clears Ziffy Mortgage's income-only underwriting standard. Over five years, 5% annual appreciation adds $55,229 in value; $1,841/yr in principal paydown compounds ownership stake. Total projected return: $90,950.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 9.3% | 7.0% |
| Monthly Cash Flow | $230 | $1,200 |
City averages based on Georgetown market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $1,556 |
| Total Monthly Debt Service | $1,247 |
| DSCR Ratio | 1.25x |
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 2005
7,840 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 32139, Georgetown, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 857 (100%) |
| Owner Occupied HU | 499 (58.2%) |
| Renter Occupied HU | 95 (11.1%) |
| Vacant Housing Units | 263 (30.7%) |
| Median Home Value | $163,663 |
| Average Home Value | $285,346 |
Housing Distribution
Address Breakdown
Residential
606
Single Family
605
Multi-Family
1
Businesses
28
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 2005
7,840 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 32139, Georgetown, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 857 (100%) |
| Owner Occupied HU | 499 (58.2%) |
| Renter Occupied HU | 95 (11.1%) |
| Vacant Housing Units | 263 (30.7%) |
| Median Home Value | $163,663 |
| Average Home Value | $285,346 |
Housing Distribution
Address Breakdown
Residential
606
Single Family
605
Multi-Family
1
Businesses
28
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: TEDRA BECKHAM PHILIPS • CENTURY 21 BECKHAM REALTY
Mls Name: realMLS
Mls ID: #2124461