119 Coolwater AveSatsumaFL32189
INVESTMENT ANALYSIS
Investment Verdict
Solid IncomeThe cash-flow margin at 119 Coolwater Ave, Satsuma, FL, 32189 in Satsuma is narrow, $108/mo net on $934/mo rent after the $560/mo debt service, but the property operates at break-even-plus, not a loss. At $124,500 with a 9% yield, the long-run equity case via 5% appreciation ($34,397 over five years) and $1,147/yr in principal paydown is where the returns accumulate. Ziffy Mortgage's 1.67 DSCR loan requires no W-2s or U.S. credit. Total projected cumulative return: $54,443.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 9% | 7.0% |
| Monthly Cash Flow | $108 | $300 |
City averages based on Satsuma market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $934 |
| Total Monthly Debt Service | $777 |
| DSCR Ratio | 1.20x |
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.
Single Family
Built in 1972
9,016 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 32189, Satsuma, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,467 (100%) |
| Owner Occupied HU | 2,237 (64.5%) |
| Renter Occupied HU | 467 (13.5%) |
| Vacant Housing Units | 763 (22.0%) |
| Median Home Value | $121,688 |
| Average Home Value | $206,308 |
Housing Distribution
Address Breakdown
Residential
2,813
Single Family
2,658
Multi-Family
155
Businesses
43
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 1972
9,016 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 32189, Satsuma, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,467 (100%) |
| Owner Occupied HU | 2,237 (64.5%) |
| Renter Occupied HU | 467 (13.5%) |
| Vacant Housing Units | 763 (22.0%) |
| Median Home Value | $121,688 |
| Average Home Value | $206,308 |
Housing Distribution
Address Breakdown
Residential
2,813
Single Family
2,658
Multi-Family
155
Businesses
43
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices