170 Shadow Bay DrEastpointFL32328
INVESTMENT ANALYSIS
Investment Verdict
Solid IncomeThis Eastpoint rental at 170 Shadow Bay Dr, Eastpoint, FL, 32328 sits in the solid-income band: 9.36% gross yield, $2,808/mo rent, $402/mo net after the $1,618/mo debt service, DSCR 1.74. Entry price of $359,900 is well-calibrated for the income it produces. Ziffy Mortgage finances this type of asset on rental income alone, no tax returns, no U.S. credit profile. Projected five-year appreciation of $99,434 and $3,315/yr in principal reduction bring total cumulative return to $164,226.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 9.4% | 6.5% |
| Monthly Cash Flow | $402 | $1,200 |
City averages based on Eastpoint market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $2,808 |
| Total Monthly Debt Service | $2,245 |
| DSCR Ratio | 1.25x |
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 2024
1.28 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 32328, Eastpoint, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,977 (100%) |
| Owner Occupied HU | 1,351 (45.4%) |
| Renter Occupied HU | 248 ( 8.3%) |
| Vacant Housing Units | 1,378 (46.3%) |
| Median Home Value | $428,165 |
| Average Home Value | $545,204 |
Housing Distribution
Address Breakdown
Residential
1,712
Single Family
1,498
Multi-Family
214
Businesses
211
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 2024
1.28 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 32328, Eastpoint, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,977 (100%) |
| Owner Occupied HU | 1,351 (45.4%) |
| Renter Occupied HU | 248 ( 8.3%) |
| Vacant Housing Units | 1,378 (46.3%) |
| Median Home Value | $428,165 |
| Average Home Value | $545,204 |
Housing Distribution
Address Breakdown
Residential
1,712
Single Family
1,498
Multi-Family
214
Businesses
211
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices