165 NW Divider TerLake CityFL32055
INVESTMENT ANALYSIS
Investment Verdict
Strong Cash FlowSolid fundamentals define the investment case at 165 NW Divider Ter, Lake City, FL, 32055 in Lake City: $1,592/mo in rent, $332/mo in net income, 10.06% gross yield, 1.86 DSCR, all at $189,900. Ziffy Mortgage's DSCR mortgage qualifies using the property's income alone, clearing approval without U.S. residency or credit. Five-year equity from $52,466 in appreciation and $1,749/yr in principal paydown projects total cumulative return of $93,762.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 10.1% | 8.0% |
| Monthly Cash Flow | $332 | $200 |
City averages based on Lake City market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $1,592 |
| Total Monthly Debt Service | $1,185 |
| DSCR Ratio | 1.34x |
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.
Manufactured
Built in 2022
0.95 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 32055, Lake City, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 7,579 (100%) |
| Owner Occupied HU | 4,454 (58.8%) |
| Renter Occupied HU | 2,219 (29.3%) |
| Vacant Housing Units | 906 (12.0%) |
| Median Home Value | $242,877 |
| Average Home Value | $258,033 |
Housing Distribution
Address Breakdown
Residential
6,768
Single Family
6,718
Multi-Family
50
Businesses
828
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 2022
0.95 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 32055, Lake City, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 7,579 (100%) |
| Owner Occupied HU | 4,454 (58.8%) |
| Renter Occupied HU | 2,219 (29.3%) |
| Vacant Housing Units | 906 (12.0%) |
| Median Home Value | $242,877 |
| Average Home Value | $258,033 |
Housing Distribution
Address Breakdown
Residential
6,768
Single Family
6,718
Multi-Family
50
Businesses
828
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Natalie Rankin • HOMETOWN REALTY OF NORTH FLORIDA, INC.
Mls Name: NFMLS
Mls Provider:
Mls ID: #125037
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.