15936 Ternglade DrLithiaFL33547
INVESTMENT ANALYSIS
Investment Verdict
Appreciation PlayThe investment thesis at 15936 Ternglade Dr, Lithia, FL, 33547 in Lithia is capital appreciation. Rental yield 5.62%. The 5.62% gross yield at $1,063,400 falls below cash-flow thresholds, but 5% annual value growth is forecast to deliver $293,798 in additional equity by year five, an equity gain that can outpace many higher-yield markets. Ziffy Mortgage finances appreciation-play assets via DSCR (1.04) without U.S. credit history; structure with a larger down payment to optimise coverage. Total projected return: $239,213.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 5.6% | 6.0% |
| Monthly Cash Flow | $(2,617) | $300 |
City averages based on Lithia market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $4,979 |
| Total Monthly Debt Service | $7,173 |
| DSCR Ratio | 0.69x |
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 2008
0.28 Acres lot
$N/A/sqft
$41 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 33547, Lithia, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 10,999 (100%) |
| Owner Occupied HU | 8,930 (81.2%) |
| Renter Occupied HU | 1,652 (15.0%) |
| Vacant Housing Units | 417 ( 3.8%) |
| Median Home Value | $577,927 |
| Average Home Value | $619,117 |
Housing Distribution
Address Breakdown
Residential
10,633
Single Family
10,028
Multi-Family
605
Businesses
441
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 2008
0.28 Acres lot
$N/A/sqft
$41 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 33547, Lithia, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 10,999 (100%) |
| Owner Occupied HU | 8,930 (81.2%) |
| Renter Occupied HU | 1,652 (15.0%) |
| Vacant Housing Units | 417 ( 3.8%) |
| Median Home Value | $577,927 |
| Average Home Value | $619,117 |
Housing Distribution
Address Breakdown
Residential
10,633
Single Family
10,028
Multi-Family
605
Businesses
441
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices