1175 SW 83rd DrLake ButlerFL32054
INVESTMENT ANALYSIS
Investment Verdict
Appreciation PlayYield and appreciation often trade off, and at 1175 SW 83rd Dr, Lake Butler, FL, 32054 in Lake Butler the bet is firmly on appreciation. Rental yield 5.88%. The 5.88% gross yield on a $416,000 price is below income-first thresholds, but 5%/yr value growth projects $114,933 in equity by year five. Ziffy Mortgage's non-U.S. DSCR mortgage (1.09) finances the acquisition on rental income alone. A larger down payment (30–35%) reduces monthly debt service and tightens the spread. Total projected cumulative return: $112,172.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 5.9% | 6.0% |
| Monthly Cash Flow | $(721) | $300 |
City averages based on Lake Butler market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $2,040 |
| Total Monthly Debt Service | $2,595 |
| DSCR Ratio | 0.79x |
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.
Single Family
Built in N/A
1 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 32054, Lake Butler, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 4,502 (100%) |
| Owner Occupied HU | 3,061 (68.0%) |
| Renter Occupied HU | 1,018 (22.6%) |
| Vacant Housing Units | 423 ( 9.4%) |
| Median Home Value | $231,234 |
| Average Home Value | $264,027 |
Housing Distribution
Address Breakdown
Residential
4,047
Single Family
4,004
Multi-Family
43
Businesses
233
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
Single Family
Built in N/A
1 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 32054, Lake Butler, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 4,502 (100%) |
| Owner Occupied HU | 3,061 (68.0%) |
| Renter Occupied HU | 1,018 (22.6%) |
| Vacant Housing Units | 423 ( 9.4%) |
| Median Home Value | $231,234 |
| Average Home Value | $264,027 |
Housing Distribution
Address Breakdown
Residential
4,047
Single Family
4,004
Multi-Family
43
Businesses
233
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Cody Brooks • Marzucco Real Estate LLC
Mls Name: NFMLS
Mls Provider:
Mls ID: #126443
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.