21012 Picasso Ct #201Land O LakesFL34637
INVESTMENT ANALYSIS
Investment Verdict
Strong Cash FlowA DSCR of 1.88 makes 21012 Picasso Ct #201, Land O Lakes, FL, 34637 in Land O Lakes one of the easier properties to finance via Ziffy Mortgage's rental-income underwriting. Rental yield 10.15%. The 10.15% yield, 5% annual appreciation ($74,596 over five years), and $2,487/yr in principal reduction project a total cumulative return of $95,597.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 10.2% | 6.5% |
| Monthly Cash Flow | $(159) | $1,800 |
City averages based on Land O Lakes market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $2,285 |
| Total Monthly Debt Service | $2,336 |
| DSCR Ratio | 0.98x |
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.
Condo
Built in 2004
10.77 Acres lot
$N/A/sqft
$560 monthly 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
Condo
Built in 2004
10.77 Acres lot
$N/A/sqft
$560 monthly HOA
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Toby Caroline • SUN N FUN REALTY
Mls Name: Stellar MLS
Mls Provider:
Mls ID: #TB8380240
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