1231 Merion DrMount DoraFL32757
INVESTMENT ANALYSIS
Investment Verdict
Steady Equity Builder1231 Merion Dr, Mount Dora, FL, 32757 in Mount Dora is a stable, well-positioned rental at $416,500. Rental yield 7.06%. DSCR 1.35 qualifies for Ziffy Mortgage's DSCR mortgage without U.S. income documentation. Over five years, 5% appreciation adds $115,071 in value and $3,836/yr in principal paydown builds equity, a total projected return of $140,512.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 7.1% | 7.0% |
| Monthly Cash Flow | $(381) | $1,200 |
City averages based on Mount Dora market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $2,529 |
| Total Monthly Debt Service | $2,650 |
| DSCR Ratio | 0.95x |
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 2017
6,975 sqft lot
$N/A/sqft
$52 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 32757, Mount Dora, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 16,234 (100%) |
| Owner Occupied HU | 10,496 (64.7%) |
| Renter Occupied HU | 4,239 (26.1%) |
| Vacant Housing Units | 1,499 ( 9.2%) |
| Median Home Value | $421,562 |
| Average Home Value | $469,682 |
Housing Distribution
Address Breakdown
Residential
14,393
Single Family
11,966
Multi-Family
2,427
Businesses
887
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 2017
6,975 sqft lot
$N/A/sqft
$52 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 32757, Mount Dora, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 16,234 (100%) |
| Owner Occupied HU | 10,496 (64.7%) |
| Renter Occupied HU | 4,239 (26.1%) |
| Vacant Housing Units | 1,499 ( 9.2%) |
| Median Home Value | $421,562 |
| Average Home Value | $469,682 |
Housing Distribution
Address Breakdown
Residential
14,393
Single Family
11,966
Multi-Family
2,427
Businesses
887
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: N/A • N/A
Mls Name: undefined
Mls ID: #N/A