13743 Rangeland BlvdOdessaFL33556
INVESTMENT ANALYSIS
Investment Verdict
Strong Cash FlowInvestors targeting immediate dollar income will find 13743 Rangeland Blvd, Odessa, FL, 33556 in Odessa hard to pass up. The 10.62% gross yield on a $509,990 purchase results in $4,514/mo in rent and $1,123/mo in net cash, well above the spread required for Ziffy Mortgage's DSCR qualification (1.97). Annual cash flow of $13,476, five-year appreciation of $140,901, and $4,697/yr in equity build-up combine for a projected total cumulative return of $267,091.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 10.6% | 6.0% |
| Monthly Cash Flow | $1,123 | $500 |
City averages based on Odessa market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $4,514 |
| Total Monthly Debt Service | $3,181 |
| DSCR Ratio | 1.42x |
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 2022
4,275 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 33556, Odessa, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 14,814 (100%) |
| Owner Occupied HU | 11,715 (79.1%) |
| Renter Occupied HU | 1,911 (12.9%) |
| Vacant Housing Units | 1,188 ( 8.0%) |
| Median Home Value | $616,653 |
| Average Home Value | $692,848 |
Housing Distribution
Address Breakdown
Residential
14,720
Single Family
12,906
Multi-Family
1,814
Businesses
854
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 2022
4,275 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 33556, Odessa, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 14,814 (100%) |
| Owner Occupied HU | 11,715 (79.1%) |
| Renter Occupied HU | 1,911 (12.9%) |
| Vacant Housing Units | 1,188 ( 8.0%) |
| Median Home Value | $616,653 |
| Average Home Value | $692,848 |
Housing Distribution
Address Breakdown
Residential
14,720
Single Family
12,906
Multi-Family
1,814
Businesses
854
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices