1215 Bayshore DrTerra CeiaFL34250
INVESTMENT ANALYSIS
Investment Verdict
Appreciation Play1215 Bayshore Dr, Terra Ceia, FL, 34250 in Terra Ceia is priced for appreciation, not yield. Rental yield 3.93%. At $1,750,000 with a 3.93% gross yield, the monthly income is modest, but 5% annual price growth is projected to add $483,493 in value over five years, making equity the primary return driver. Ziffy Mortgage's DSCR mortgage (0.73) can still finance this property for non-U.S. residents; a 30–35% down payment typically produces the cleanest underwriting for appreciation-focused assets. Total projected cumulative return: $288,022.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 3.9% | 6.0% |
| Monthly Cash Flow | $(5,889) | $1,500 |
City averages based on Terra Ceia market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $5,724 |
| Total Monthly Debt Service | $10,917 |
| DSCR Ratio | 0.52x |
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 2000
3.50 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 34250, Terra Ceia, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 264 (100%) |
| Owner Occupied HU | 204 (77.3%) |
| Renter Occupied HU | 23 ( 8.7%) |
| Vacant Housing Units | 37 (14.0%) |
| Median Home Value | $846,774 |
| Average Home Value | $957,561 |
Housing Distribution
Address Breakdown
Residential
357
Single Family
1
Multi-Family
0
Businesses
57
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 2000
3.50 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 34250, Terra Ceia, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 264 (100%) |
| Owner Occupied HU | 204 (77.3%) |
| Renter Occupied HU | 23 ( 8.7%) |
| Vacant Housing Units | 37 (14.0%) |
| Median Home Value | $846,774 |
| Average Home Value | $957,561 |
Housing Distribution
Address Breakdown
Residential
357
Single Family
1
Multi-Family
0
Businesses
57
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Tammy Waugh, PA • BHHS FLORIDA PROPERTIES GROUP
Mls Name: Stellar MLS
Mls ID: #TB8439162