1947 Iowa DrSumtervilleFL33585
INVESTMENT ANALYSIS
Investment Verdict
Strong Cash FlowThe yield at 1947 Iowa Dr, Sumterville, FL, 33585 in Sumterville speaks for itself: 13.82% gross on a $270,990 price, generating $3,120/mo in rent and $1,287/mo in net income after the $1,219/mo debt service. DSCR 2.56, a wide margin that supports Ziffy Mortgage's DSCR loan without any personal income check. Annual cash flow of $15,440 stacks alongside $74,870 in projected five-year appreciation and $2,496/yr in principal reduction. Projected total cumulative return: $186,246.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 13.8% | 6.0% |
| Monthly Cash Flow | $1,287 | $1,500 |
City averages based on Sumterville market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $3,120 |
| Total Monthly Debt Service | $1,726 |
| DSCR Ratio | 1.81x |
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
3,920 sqft lot
$N/A/sqft
$35 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 33585, Sumterville, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,003 (100%) |
| Owner Occupied HU | 810 (80.8%) |
| Renter Occupied HU | 94 ( 9.4%) |
| Vacant Housing Units | 99 ( 9.9%) |
| Median Home Value | $356,951 |
| Average Home Value | $390,559 |
Housing Distribution
Address Breakdown
Residential
521
Single Family
521
Multi-Family
0
Businesses
88
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
3,920 sqft lot
$N/A/sqft
$35 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 33585, Sumterville, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,003 (100%) |
| Owner Occupied HU | 810 (80.8%) |
| Renter Occupied HU | 94 ( 9.4%) |
| Vacant Housing Units | 99 ( 9.9%) |
| Median Home Value | $356,951 |
| Average Home Value | $390,559 |
Housing Distribution
Address Breakdown
Residential
521
Single Family
521
Multi-Family
0
Businesses
88
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices