16771 SE 102nd Avenue RdSummerfieldFL34491
INVESTMENT ANALYSIS
Investment Verdict
Solid IncomeInvestors who treat current yield as secondary to long-run equity growth will find 16771 SE 102nd Avenue Rd, Summerfield, FL, 34491 in Summerfield worth modelling. At $130,000 with a 9.61% gross yield, the $1,041/mo rent leaves $178/mo after the $585/mo payment, sufficient to cover costs, modest in distribution. Ziffy Mortgage's 1.78 DSCR loan can finance the acquisition without personal income documentation. Appreciation of 5%/yr is projected to add $35,917 by year five; $1,197/yr in principal reduction adds further equity. Total projected return: $61,013.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 9.6% | 6.0% |
| Monthly Cash Flow | $178 | $300 |
City averages based on Summerfield market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $1,041 |
| Total Monthly Debt Service | $811 |
| 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.
Manufactured
Built in 1979
9,583 sqft lot
$N/A/sqft
No HOA
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 1979
9,583 sqft lot
$N/A/sqft
No HOA
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Gary Martin • RE/MAX FOXFIRE - SUMMERFIELD
Mls Name: Stellar MLS
Mls Provider:
Mls ID: #OM691377
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. Some IDX listings have been excluded from this website. Listing Information presented by local MLS brokerage: Zillow, Inc - (407) 904-3511