12939 SW 253rd StPrincetonFL33032
INVESTMENT ANALYSIS
Investment Verdict
Solid IncomeAt $145,000, 12939 SW 253rd St, Princeton, FL, 33032 in Princeton generates $1,156/mo in rent (9.57% yield) but nets only $194/mo after debt service. The spread is thin, manageable for investors comfortable with low-margin holds who are buying into the 5% annual appreciation thesis. Ziffy Mortgage's DSCR loan (1.77) allows non-U.S. residents to acquire without personal income checks. A larger down payment reduces the monthly debt load and widens the margin. Five-year appreciation: $40,061. Total projected return: $67,762.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 9.6% | 5.5% |
| Monthly Cash Flow | $194 | $300 |
City averages based on Princeton market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $1,156 |
| Total Monthly Debt Service | $905 |
| DSCR Ratio | 1.28x |
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 N/A
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 33032, Homestead, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 22,338 (100%) |
| Owner Occupied HU | 13,054 (58.4%) |
| Renter Occupied HU | 7,756 (34.7%) |
| Vacant Housing Units | 1,528 ( 6.8%) |
| Median Home Value | $469,560 |
| Average Home Value | $516,494 |
Housing Distribution
Address Breakdown
Residential
21,886
Single Family
18,575
Multi-Family
3,311
Businesses
604
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 N/A
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 33032, Homestead, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 22,338 (100%) |
| Owner Occupied HU | 13,054 (58.4%) |
| Renter Occupied HU | 7,756 (34.7%) |
| Vacant Housing Units | 1,528 ( 6.8%) |
| Median Home Value | $469,560 |
| Average Home Value | $516,494 |
Housing Distribution
Address Breakdown
Residential
21,886
Single Family
18,575
Multi-Family
3,311
Businesses
604
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices