1318 Ballota LnNorth PortFL34289
INVESTMENT ANALYSIS
Investment Verdict
Solid IncomeA DSCR of 1.51 makes 1318 Ballota Ln, North Port, FL, 34289 in North Port one of the easier properties to finance via Ziffy Mortgage's rental-income underwriting. Rental yield 8.13%. The 8.13% yield, 5% annual appreciation ($77,359 over five years), and $2,579/yr in principal reduction project a total cumulative return of $109,249.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 8.1% | 6.5% |
| Monthly Cash Flow | $(452) | $350 |
City averages based on North Port market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $1,897 |
| Total Monthly Debt Service | $1,747 |
| DSCR Ratio | 1.09x |
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 2015
5,100 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 34289, North Port, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,250 (100%) |
| Owner Occupied HU | 1,612 (71.6%) |
| Renter Occupied HU | 376 (16.7%) |
| Vacant Housing Units | 262 (11.6%) |
| Median Home Value | $412,834 |
| Average Home Value | $402,249 |
Housing Distribution
Address Breakdown
Residential
2,044
Single Family
1,644
Multi-Family
400
Businesses
186
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 2015
5,100 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 34289, North Port, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,250 (100%) |
| Owner Occupied HU | 1,612 (71.6%) |
| Renter Occupied HU | 376 (16.7%) |
| Vacant Housing Units | 262 (11.6%) |
| Median Home Value | $412,834 |
| Average Home Value | $402,249 |
Housing Distribution
Address Breakdown
Residential
2,044
Single Family
1,644
Multi-Family
400
Businesses
186
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Eric Eisenfeld • COLDWELL BANKER REALTY
Mls Name: Stellar MLS
Mls ID: #D6142189