13546 Biscayne Grove LnGrand IslandFL32735
INVESTMENT ANALYSIS
Investment Verdict
Solid IncomeThe 8.4% yield at 13546 Biscayne Grove Ln, Grand Island, FL, 32735 in Grand Island is solid, but the $1,755/mo payment compresses net cash flow to $109/mo at $390,183. This is a tight-spread property, income covers debt, with little cushion. For investors who can optimise occupancy, the upside is real: 5% annual appreciation adds $107,800 by year five, and $3,594/yr in loan paydown builds equity. Ziffy Mortgage qualifies this via DSCR (1.56) without U.S. income documentation. Total projected return: $155,858.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 8.4% | 6.2% |
| Monthly Cash Flow | $109 | $300 |
City averages based on Grand Island market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $2,731 |
| Total Monthly Debt Service | $2,467 |
| DSCR Ratio | 1.11x |
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 2007
10,500 sqft lot
$N/A/sqft
$33 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 32735, Grand Island, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,664 (100%) |
| Owner Occupied HU | 2,193 (82.3%) |
| Renter Occupied HU | 308 (11.6%) |
| Vacant Housing Units | 163 ( 6.1%) |
| Median Home Value | $360,988 |
| Average Home Value | $482,739 |
Housing Distribution
Address Breakdown
Residential
2,517
Single Family
2,244
Multi-Family
273
Businesses
51
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 2007
10,500 sqft lot
$N/A/sqft
$33 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 32735, Grand Island, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,664 (100%) |
| Owner Occupied HU | 2,193 (82.3%) |
| Renter Occupied HU | 308 (11.6%) |
| Vacant Housing Units | 163 ( 6.1%) |
| Median Home Value | $360,988 |
| Average Home Value | $482,739 |
Housing Distribution
Address Breakdown
Residential
2,517
Single Family
2,244
Multi-Family
273
Businesses
51
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Lynn Gagnon • EXIT REALTY TRI-COUNTY
Mls Name: Stellar MLS
Mls Provider:
Mls ID: #G5096077
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