13741 SE 21st PlMorristonFL32668
INVESTMENT ANALYSIS
Investment Verdict
Strong Cash FlowIf cash-on-cash performance is your primary filter, 13741 SE 21st Pl, Morriston, FL, 32668 in Morriston deserves attention. This $228,900 property earns $18,000/mo in rent, a 94.36% gross yield, and nets $16,481/mo after the $1,029/mo payment. DSCR 17.49 makes it one of the cleaner DSCR underwriting candidates Ziffy Mortgage sees in this market. Five-year appreciation of $63,241 compounds alongside $2,108/yr in yearly equity build, for a total cumulative return of $1,147,833.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 94.4% | 7.0% |
| Monthly Cash Flow | $16,481 | $300 |
City averages based on Morriston market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $18,000 |
| Total Monthly Debt Service | $1,428 |
| DSCR Ratio | 12.61x |
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 2024
1.25 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 32668, Morriston, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,048 (100%) |
| Owner Occupied HU | 2,332 (76.5%) |
| Renter Occupied HU | 354 (11.6%) |
| Vacant Housing Units | 362 (11.9%) |
| Median Home Value | $280,412 |
| Average Home Value | $344,600 |
Housing Distribution
Address Breakdown
Residential
2,714
Single Family
2,714
Multi-Family
0
Businesses
41
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 2024
1.25 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 32668, Morriston, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,048 (100%) |
| Owner Occupied HU | 2,332 (76.5%) |
| Renter Occupied HU | 354 (11.6%) |
| Vacant Housing Units | 362 (11.9%) |
| Median Home Value | $280,412 |
| Average Home Value | $344,600 |
Housing Distribution
Address Breakdown
Residential
2,714
Single Family
2,714
Multi-Family
0
Businesses
41
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Selina Culbreth • FLORIDA HOMES REALTY & MORTGAGE
Mls Name: Stellar MLS
Mls Provider:
Mls ID: #OM700627
Disclaimer: IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed. Some IDX listings have been excluded from this website. Listing Information presented by local MLS brokerage: Zillow, Inc - (407) 904-3511