188 NW Lofton RdMayoFL32066
INVESTMENT ANALYSIS
Investment Verdict
Income-ProducingSteady, low-maintenance, and fundable: 188 NW Lofton Rd, Mayo, FL, 32066 in Mayo at $399,000. Rental yield 6.55%. The 6.55% yield and 1.21 DSCR put this right in the range Ziffy Mortgage approves for non-U.S. investors without W-2s or domestic credit. Appreciation at 5%/yr is projected to add $110,236 by year five, and $3,675/yr in principal reduction steadily grows the investor's stake. Total projected cumulative return: $121,949.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 6.6% | 8.5% |
| Monthly Cash Flow | $(469) | $350 |
City averages based on Mayo market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $2,179 |
| Total Monthly Debt Service | $2,489 |
| DSCR Ratio | 0.88x |
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.
Single Family
Built in 2002
10.99 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 32066, Mayo, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,572 (100%) |
| Owner Occupied HU | 1,749 (68.0%) |
| Renter Occupied HU | 481 (18.7%) |
| Vacant Housing Units | 342 (13.3%) |
| Median Home Value | $145,560 |
| Average Home Value | $185,099 |
Housing Distribution
Address Breakdown
Residential
1,995
Single Family
1,995
Multi-Family
0
Businesses
169
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 2002
10.99 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 32066, Mayo, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,572 (100%) |
| Owner Occupied HU | 1,749 (68.0%) |
| Renter Occupied HU | 481 (18.7%) |
| Vacant Housing Units | 342 (13.3%) |
| Median Home Value | $145,560 |
| Average Home Value | $185,099 |
Housing Distribution
Address Breakdown
Residential
1,995
Single Family
1,995
Multi-Family
0
Businesses
169
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices