156 Jose Gaspar Dr #156EnglewoodFL34223
INVESTMENT ANALYSIS
Investment Verdict
Solid IncomeA DSCR of 1.53 makes 156 Jose Gaspar Dr #156, Englewood, FL, 34223 in Englewood one of the easier properties to finance via Ziffy Mortgage's rental-income underwriting. Rental yield 8.24%. The 8.24% yield, 5% annual appreciation ($79,707 over five years), and $2,657/yr in principal reduction project a total cumulative return of $78,860.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 8.2% | 6.0% |
| Monthly Cash Flow | $(524) | $250 |
City averages based on Englewood market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $1,980 |
| Total Monthly Debt Service | $2,389 |
| DSCR Ratio | 0.83x |
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.
Condo
Built in 1983
6.03 Acres lot
$N/A/sqft
$589 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 34223, Englewood, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 16,549 (100%) |
| Owner Occupied HU | 10,404 (62.9%) |
| Renter Occupied HU | 1,637 ( 9.9%) |
| Vacant Housing Units | 4,508 (27.2%) |
| Median Home Value | $546,059 |
| Average Home Value | $631,986 |
Housing Distribution
Address Breakdown
Residential
13,691
Single Family
11,537
Multi-Family
2,154
Businesses
636
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
Condo
Built in 1983
6.03 Acres lot
$N/A/sqft
$589 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 34223, Englewood, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 16,549 (100%) |
| Owner Occupied HU | 10,404 (62.9%) |
| Renter Occupied HU | 1,637 ( 9.9%) |
| Vacant Housing Units | 4,508 (27.2%) |
| Median Home Value | $546,059 |
| Average Home Value | $631,986 |
Housing Distribution
Address Breakdown
Residential
13,691
Single Family
11,537
Multi-Family
2,154
Businesses
636
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices