12507 Cortez Rd W #70ACortezFL34215
INVESTMENT ANALYSIS
Investment Verdict
Strong Cash FlowIf cash-on-cash performance is your primary filter, 12507 Cortez Rd W #70A, Cortez, FL, 34215 in Cortez deserves attention. This $129,500 property earns $2,184/mo in rent, a 20.24% gross yield, and nets $865/mo after the $582/mo payment. DSCR 3.75 makes it one of the cleaner DSCR underwriting candidates Ziffy Mortgage sees in this market. Five-year appreciation of $35,778 compounds alongside $1,193/yr in yearly equity build, for a total cumulative return of $107,036.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 20.2% | 6.0% |
| Monthly Cash Flow | $865 | $1,200 |
City averages based on Cortez market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $2,184 |
| Total Monthly Debt Service | $1,268 |
| DSCR Ratio | 1.72x |
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.
Manufactured
Built in 1974
3,446 sqft lot
$N/A/sqft
$460 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 34215, Cortez, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 643 (100%) |
| Owner Occupied HU | 322 (50.1%) |
| Renter Occupied HU | 91 (14.2%) |
| Vacant Housing Units | 230 (35.8%) |
| Median Home Value | $632,212 |
| Average Home Value | $647,182 |
Housing Distribution
Address Breakdown
Residential
323
Single Family
250
Multi-Family
73
Businesses
67
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
Manufactured
Built in 1974
3,446 sqft lot
$N/A/sqft
$460 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 34215, Cortez, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 643 (100%) |
| Owner Occupied HU | 322 (50.1%) |
| Renter Occupied HU | 91 (14.2%) |
| Vacant Housing Units | 230 (35.8%) |
| Median Home Value | $632,212 |
| Average Home Value | $647,182 |
Housing Distribution
Address Breakdown
Residential
323
Single Family
250
Multi-Family
73
Businesses
67
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices