16206 SW Indianwood CirIndiantownFL34956
INVESTMENT ANALYSIS
Investment Verdict
Solid Income16206 SW Indianwood Cir, Indiantown, FL, 34956 in Indiantown carries a 1.73 coverage ratio, rent of $816/mo is 1.73 times the $472/mo payment. Rental yield 9.33%. That margin gives both the investor and Ziffy Mortgage's DSCR underwriting a comfortable buffer at a $105,000 acquisition price. No U.S. credit or income documentation required.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 9.3% | 7.0% |
| Monthly Cash Flow | $(1,208) | $400 |
City averages based on Indiantown market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $816 |
| Total Monthly Debt Service | $1,982 |
| DSCR Ratio | 0.41x |
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.
Manufactured
Built in 2004
5,009 sqft lot
$N/A/sqft
$1,250 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 34956, Indiantown, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,652 (100%) |
| Owner Occupied HU | 1,640 (61.8%) |
| Renter Occupied HU | 786 (29.6%) |
| Vacant Housing Units | 226 ( 8.5%) |
| Median Home Value | $195,588 |
| Average Home Value | $266,576 |
Housing Distribution
Address Breakdown
Residential
2,452
Single Family
2,365
Multi-Family
87
Businesses
224
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
Manufactured
Built in 2004
5,009 sqft lot
$N/A/sqft
$1,250 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 34956, Indiantown, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,652 (100%) |
| Owner Occupied HU | 1,640 (61.8%) |
| Renter Occupied HU | 786 (29.6%) |
| Vacant Housing Units | 226 ( 8.5%) |
| Median Home Value | $195,588 |
| Average Home Value | $266,576 |
Housing Distribution
Address Breakdown
Residential
2,452
Single Family
2,365
Multi-Family
87
Businesses
224
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Victoria Yatsko • Monarch Realty Group LLC
Mls Name: Martin County REALTORS of the Treasure Coast (MCRTC)
Mls Provider:
Mls ID: #M20047440
Disclaimer: The data relating to real estate for sale on this web site comes in part from a cooperative data exchange program of the Realtor Association of Martin County, Inc. MLS. Real estate listings held by brokerage firms other than Zillow, Inc. are marked with the IDX logo or name and detailed information about such listings includes the name of the listing brokers. Data provided is deemed reliable but is not guaranteed. Copyright 2024 Realtor Association of Martin County, Inc. MLS. All rights reserved.