12680 Us-441 NCanal PointFL33438
INVESTMENT ANALYSIS
Investment Verdict
Strong Cash FlowInvestors targeting immediate dollar income will find 12680 Us-441 N, Canal Point, FL, 33438 in Canal Point hard to pass up. The 18.66% gross yield on a $150,000 purchase results in $2,333/mo in rent and $1,283/mo in net cash, well above the spread required for Ziffy Mortgage's DSCR qualification (3.46). Annual cash flow of $15,397, five-year appreciation of $41,442, and $1,382/yr in equity build-up combine for a projected total cumulative return of $140,048.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 18.7% | 7.0% |
| Monthly Cash Flow | $1,283 | $1,200 |
City averages based on Canal Point market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $2,333 |
| Total Monthly Debt Service | $990 |
| DSCR Ratio | 2.36x |
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 1940
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 33438, Canal Point, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 228 (100%) |
| Owner Occupied HU | 118 (51.8%) |
| Renter Occupied HU | 68 (29.8%) |
| Vacant Housing Units | 42 (18.4%) |
| Median Home Value | $141,667 |
| Average Home Value | $191,017 |
Housing Distribution
Address Breakdown
Residential
71
Single Family
71
Multi-Family
0
Businesses
30
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 1940
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 33438, Canal Point, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 228 (100%) |
| Owner Occupied HU | 118 (51.8%) |
| Renter Occupied HU | 68 (29.8%) |
| Vacant Housing Units | 42 (18.4%) |
| Median Home Value | $141,667 |
| Average Home Value | $191,017 |
Housing Distribution
Address Breakdown
Residential
71
Single Family
71
Multi-Family
0
Businesses
30
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices