1205 3rd CtEagle LakeFL33839
INVESTMENT ANALYSIS
Investment Verdict
Solid IncomeWhen a property's DSCR clears 1.5x, lenders and investors both pay attention. 1205 3rd Ct, Eagle Lake, FL, 33839 in Eagle Lake achieves a 1.56 ratio at $302,000: $2,113/mo rent versus $1,358/mo debt service. Rental yield 8.05%. Ziffy Mortgage's no-W2 DSCR loan is purpose-built for assets like this. The 8.05% yield compounds alongside 5% annual appreciation projecting $83,437 in value. Total projected cumulative return: $107,761.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 8.1% | 6.0% |
| Monthly Cash Flow | $(206) | $250 |
City averages based on Eagle Lake market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $2,113 |
| Total Monthly Debt Service | $2,123 |
| DSCR Ratio | 1.00x |
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 2021
7,680 sqft lot
$N/A/sqft
$63 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 33839, Eagle Lake, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,059 (100%) |
| Owner Occupied HU | 1,549 (75.2%) |
| Renter Occupied HU | 397 (19.3%) |
| Vacant Housing Units | 113 ( 5.5%) |
| Median Home Value | $330,831 |
| Average Home Value | $386,186 |
Housing Distribution
Address Breakdown
Residential
1,866
Single Family
1,866
Multi-Family
0
Businesses
242
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 2021
7,680 sqft lot
$N/A/sqft
$63 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 33839, Eagle Lake, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,059 (100%) |
| Owner Occupied HU | 1,549 (75.2%) |
| Renter Occupied HU | 397 (19.3%) |
| Vacant Housing Units | 113 ( 5.5%) |
| Median Home Value | $330,831 |
| Average Home Value | $386,186 |
Housing Distribution
Address Breakdown
Residential
1,866
Single Family
1,866
Multi-Family
0
Businesses
242
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Craig Burke • CRAIG BURKE REAL ESTATE GROUP, LLC
Mls Name: Stellar MLS
Mls Provider:
Mls ID: #B4901970
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