15991 NE 243rd Place Rd UNIT 32Fort Mc CoyFL32134
INVESTMENT ANALYSIS
Investment Verdict
Solid IncomeThe cash-flow margin at 15991 NE 243rd Place Rd UNIT 32, Fort Mc Coy, FL, 32134 in Fort Mc Coy is narrow, $160/mo net on $956/mo rent after the $540/mo debt service, but the property operates at break-even-plus, not a loss. At $120,000 with a 9.56% yield, the long-run equity case via 5% appreciation ($33,154 over five years) and $1,105/yr in principal paydown is where the returns accumulate. Ziffy Mortgage's 1.77 DSCR loan requires no W-2s or U.S. credit. Total projected cumulative return: $55,977.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 9.6% | 8.5% |
| Monthly Cash Flow | $160 | $250 |
City averages based on Fort Mc Coy market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $956 |
| Total Monthly Debt Service | $749 |
| DSCR Ratio | 1.28x |
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.
Condo
Built in 2006
2,614 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 32134, Fort Mc Coy, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 5,488 (100%) |
| Owner Occupied HU | 3,095 (56.4%) |
| Renter Occupied HU | 513 ( 9.3%) |
| Vacant Housing Units | 1,880 (34.3%) |
| Median Home Value | $179,058 |
| Average Home Value | $242,406 |
Housing Distribution
Address Breakdown
Residential
4,173
Single Family
4,173
Multi-Family
0
Businesses
118
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 2006
2,614 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 32134, Fort Mc Coy, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 5,488 (100%) |
| Owner Occupied HU | 3,095 (56.4%) |
| Renter Occupied HU | 513 ( 9.3%) |
| Vacant Housing Units | 1,880 (34.3%) |
| Median Home Value | $179,058 |
| Average Home Value | $242,406 |
Housing Distribution
Address Breakdown
Residential
4,173
Single Family
4,173
Multi-Family
0
Businesses
118
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Duke Rountree • ROUNTREE REALTY CORP.
Mls Name: Stellar MLS
Mls ID: #OM703862