195 S Bear Pointe DrLake PlacidFL33852
INVESTMENT ANALYSIS
Investment Verdict
Appreciation PlayNot all U.S. investment properties are valued for current income. 195 S Bear Pointe Dr, Lake Placid, FL, 33852 in Lake Placid at $1,199,000, 4.93% gross yield, is a market-growth asset. Rental yield 4.93%. The $4,925/mo rent partially funds the $5,391/mo debt service; the core return is the 5%/yr price growth projected to add $331,262 over five years. Ziffy Mortgage's DSCR mortgage (0.91) provides financing for foreign nationals without domestic income checks. A 30–35% down payment often produces the cleanest coverage for low-yield properties. Total five-year return: $257,640.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 4.9% | 8.0% |
| Monthly Cash Flow | $(3,103) | $1,200 |
City averages based on Lake Placid market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $4,925 |
| Total Monthly Debt Service | $7,551 |
| DSCR Ratio | 0.65x |
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 2017
1.03 Acres lot
$N/A/sqft
$850 annually HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 33852, Lake Placid, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 13,836 (100%) |
| Owner Occupied HU | 8,147 (58.9%) |
| Renter Occupied HU | 1,867 (13.5%) |
| Vacant Housing Units | 3,822 (27.6%) |
| Median Home Value | $257,946 |
| Average Home Value | $293,604 |
Housing Distribution
Address Breakdown
Residential
12,137
Single Family
11,465
Multi-Family
672
Businesses
523
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 2017
1.03 Acres lot
$N/A/sqft
$850 annually HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 33852, Lake Placid, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 13,836 (100%) |
| Owner Occupied HU | 8,147 (58.9%) |
| Renter Occupied HU | 1,867 (13.5%) |
| Vacant Housing Units | 3,822 (27.6%) |
| Median Home Value | $257,946 |
| Average Home Value | $293,604 |
Housing Distribution
Address Breakdown
Residential
12,137
Single Family
11,465
Multi-Family
672
Businesses
523
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Denise Brantley • Paradise Real Estate International LLC
Mls Name: HFMLS
Mls ID: #311906
Disclaimer: Copyright Heartland Association of Realtors. All rights reserved. Information is deemed reliable but not guaranteed.