1496 Hampton Pl #2MonticelloFL32344
INVESTMENT ANALYSIS
Investment Verdict
Solid IncomeInvestors who value predictability will appreciate 1496 Hampton Pl #2, Monticello, FL, 32344 in Monticello. At $410,000 it earns $3,210/mo in rent and distributes $489/mo to the owner after the $1,844/mo payment, a consistent 9.4% yield. DSCR 1.74 clears Ziffy Mortgage's income-only underwriting standard. Over five years, 5% annual appreciation adds $113,275 in value; $3,776/yr in principal paydown compounds ownership stake. Total projected return: $187,721.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 9.4% | 8.0% |
| Monthly Cash Flow | $489 | $300 |
City averages based on Monticello market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $3,210 |
| Total Monthly Debt Service | $2,558 |
| DSCR Ratio | 1.26x |
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.
Multi Family
Built in 2003
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 32344, Monticello, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 6,100 (100%) |
| Owner Occupied HU | 4,229 (69.3%) |
| Renter Occupied HU | 1,142 (18.7%) |
| Vacant Housing Units | 729 (12.0%) |
| Median Home Value | $238,535 |
| Average Home Value | $295,786 |
Housing Distribution
Address Breakdown
Residential
5,330
Single Family
5,295
Multi-Family
35
Businesses
311
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
Multi Family
Built in 2003
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 32344, Monticello, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 6,100 (100%) |
| Owner Occupied HU | 4,229 (69.3%) |
| Renter Occupied HU | 1,142 (18.7%) |
| Vacant Housing Units | 729 (12.0%) |
| Median Home Value | $238,535 |
| Average Home Value | $295,786 |
Housing Distribution
Address Breakdown
Residential
5,330
Single Family
5,295
Multi-Family
35
Businesses
311
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Jacqueline Austin • Shamrock Professionals Realty
Mls Name: TBR
Mls Provider:
Mls ID: #378095
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.