16294 State Road 51Live OakFL32060
INVESTMENT ANALYSIS
Investment Verdict
Appreciation PlayThe investment thesis at 16294 State Road 51, Live Oak, FL, 32060 in Live Oak is capital appreciation. Rental yield 1.87%. The 1.87% gross yield at $995,000 falls below cash-flow thresholds, but 5% annual value growth is forecast to deliver $274,900 in additional equity by year five, an equity gain that can outpace many higher-yield markets. Ziffy Mortgage finances appreciation-play assets via DSCR (0.35) without U.S. credit history; structure with a larger down payment to optimise coverage. Total projected return: $54,368.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 1.9% | 6.5% |
| Monthly Cash Flow | $(5,049) | $400 |
City averages based on Live Oak market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $1,554 |
| Total Monthly Debt Service | $6,207 |
| DSCR Ratio | 0.25x |
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 2024
20 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 32060, Live Oak, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 9,483 (100%) |
| Owner Occupied HU | 6,531 (68.9%) |
| Renter Occupied HU | 1,803 (19.0%) |
| Vacant Housing Units | 1,149 (12.1%) |
| Median Home Value | $212,676 |
| Average Home Value | $246,963 |
Housing Distribution
Address Breakdown
Residential
8,716
Single Family
8,565
Multi-Family
151
Businesses
213
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 2024
20 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 32060, Live Oak, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 9,483 (100%) |
| Owner Occupied HU | 6,531 (68.9%) |
| Renter Occupied HU | 1,803 (19.0%) |
| Vacant Housing Units | 1,149 (12.1%) |
| Median Home Value | $212,676 |
| Average Home Value | $246,963 |
Housing Distribution
Address Breakdown
Residential
8,716
Single Family
8,565
Multi-Family
151
Businesses
213
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Chuck Brown • Propertunity Real Estate Pros LLC
Mls Name: NFMLS
Mls Provider:
Mls ID: #125627
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.