209 N Orange AveFort MeadeFL33841
INVESTMENT ANALYSIS
Investment Verdict
Strong Cash FlowInvestors targeting immediate dollar income will find 209 N Orange Ave, Fort Meade, FL, 33841 in Fort Meade hard to pass up. The 15.74% gross yield on a $237,999 purchase results in $3,122/mo in rent and $1,421/mo in net cash, well above the spread required for Ziffy Mortgage's DSCR qualification (2.92). Annual cash flow of $17,050, five-year appreciation of $65,755, and $2,192/yr in equity build-up combine for a projected total cumulative return of $182,685.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 15.7% | 7.0% |
| Monthly Cash Flow | $1,421 | $150 |
City averages based on Fort Meade market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $3,122 |
| Total Monthly Debt Service | $1,607 |
| DSCR Ratio | 1.94x |
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 1954
7,840 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 33841, Fort Meade, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,643 (100%) |
| Owner Occupied HU | 2,300 (63.1%) |
| Renter Occupied HU | 619 (17.0%) |
| Vacant Housing Units | 724 (19.9%) |
| Median Home Value | $148,571 |
| Average Home Value | $215,389 |
Housing Distribution
Address Breakdown
Residential
3,393
Single Family
3,217
Multi-Family
176
Businesses
207
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 1954
7,840 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 33841, Fort Meade, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,643 (100%) |
| Owner Occupied HU | 2,300 (63.1%) |
| Renter Occupied HU | 619 (17.0%) |
| Vacant Housing Units | 724 (19.9%) |
| Median Home Value | $148,571 |
| Average Home Value | $215,389 |
Housing Distribution
Address Breakdown
Residential
3,393
Single Family
3,217
Multi-Family
176
Businesses
207
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices