13715 103rd StFellsmereFL32948
INVESTMENT ANALYSIS
Investment Verdict
Appreciation PlayThe investment thesis at 13715 103rd St, Fellsmere, FL, 32948 in Fellsmere is capital appreciation. Rental yield 4.7%. The 4.7% gross yield at $704,500 falls below cash-flow thresholds, but 5% annual value growth is forecast to deliver $194,640 in additional equity by year five, an equity gain that can outpace many higher-yield markets. Ziffy Mortgage finances appreciation-play assets via DSCR (0.87) without U.S. credit history; structure with a larger down payment to optimise coverage. Total projected return: $145,251.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 4.7% | 6.0% |
| Monthly Cash Flow | $(1,915) | $200 |
City averages based on Fellsmere market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $2,760 |
| Total Monthly Debt Service | $4,395 |
| DSCR Ratio | 0.63x |
Ziffy Mortgage typically prefers a DSCR of 1.0+, but in some cases you may qualify with a DSCR below 1. To explore if this deal qualifies for an investment mortgage, 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 2005
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 32948, Fellsmere, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,188 (100%) |
| Owner Occupied HU | 1,418 (64.8%) |
| Renter Occupied HU | 610 (27.9%) |
| Vacant Housing Units | 160 ( 7.3%) |
| Median Home Value | $283,333 |
| Average Home Value | $348,928 |
Housing Distribution
Address Breakdown
Residential
2,082
Single Family
1,854
Multi-Family
228
Businesses
146
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 2005
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 32948, Fellsmere, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,188 (100%) |
| Owner Occupied HU | 1,418 (64.8%) |
| Renter Occupied HU | 610 (27.9%) |
| Vacant Housing Units | 160 ( 7.3%) |
| Median Home Value | $283,333 |
| Average Home Value | $348,928 |
Housing Distribution
Address Breakdown
Residential
2,082
Single Family
1,854
Multi-Family
228
Businesses
146
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices