1621 NW 5th StChieflandFL32626
INVESTMENT ANALYSIS
Investment Verdict
Solid IncomeTight but positive: 1621 NW 5th St, Chiefland, FL, 32626 in Chiefland at $210,000 earns $1,541/mo in rent and nets $147/mo after the $944/mo payment, a 8.8% yield with limited short-term income headroom. The equity story offsets the thin monthly spread: 5% annual appreciation adds $58,019 over five years. Ziffy Mortgage underwrites this on a 1.63 DSCR without U.S. credit history. With $1,934/yr in principal paydown, total projected return reaches $89,587.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 8.8% | 7.0% |
| Monthly Cash Flow | $147 | $300 |
City averages based on Chiefland market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $1,541 |
| Total Monthly Debt Service | $1,310 |
| DSCR Ratio | 1.18x |
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.
Single Family
Built in 1984
0.28 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 32626, Chiefland, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 4,610 (100%) |
| Owner Occupied HU | 3,078 (66.8%) |
| Renter Occupied HU | 888 (19.3%) |
| Vacant Housing Units | 644 (14.0%) |
| Median Home Value | $187,500 |
| Average Home Value | $284,986 |
Housing Distribution
Address Breakdown
Residential
3,794
Single Family
3,629
Multi-Family
165
Businesses
331
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 1984
0.28 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 32626, Chiefland, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 4,610 (100%) |
| Owner Occupied HU | 3,078 (66.8%) |
| Renter Occupied HU | 888 (19.3%) |
| Vacant Housing Units | 644 (14.0%) |
| Median Home Value | $187,500 |
| Average Home Value | $284,986 |
Housing Distribution
Address Breakdown
Residential
3,794
Single Family
3,629
Multi-Family
165
Businesses
331
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Trae Nessmith • Hatcher Realty Services, Inc. Cross City
Mls Name: Dixie-Gilchrist Levy Counties BOR
Mls Provider:
Mls ID: #794941
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.