2101 N Merrin StPlant CityFL33563
INVESTMENT ANALYSIS
Investment Verdict
Solid IncomeSolid fundamentals define the investment case at 2101 N Merrin St, Plant City, FL, 33563 in Plant City: $2,393/mo in rent, $276/mo in net income, 9% gross yield, 1.67 DSCR, all at $319,000. Ziffy Mortgage's DSCR mortgage qualifies using the property's income alone, clearing approval without U.S. residency or credit. Five-year equity from $88,134 in appreciation and $2,938/yr in principal paydown projects total cumulative return of $139,395.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 9% | 7.5% |
| Monthly Cash Flow | $276 | $300 |
City averages based on Plant City market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $2,393 |
| Total Monthly Debt Service | $1,990 |
| DSCR Ratio | 1.20x |
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 1986
8,640 sqft lot
$N/A/sqft
No HOA
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 1986
8,640 sqft lot
$N/A/sqft
No HOA
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Earl Williams • ACE REALTY & AUCTION LLC
Mls Name: Stellar MLS
Mls ID: #TB8430159