21403 SE 111TH AVENUEHawthorneFL32640
INVESTMENT ANALYSIS
Investment Verdict
Strong Cash FlowIf cash-on-cash performance is your primary filter, 21403 SE 111TH AVENUE, Hawthorne, FL, 32640 in Hawthorne deserves attention. This $375,000 property earns $3,496/mo in rent, a 11.19% gross yield, and nets $1,007/mo after the $1,778/mo payment. DSCR 1.97 makes it one of the cleaner DSCR underwriting candidates Ziffy Mortgage sees in this market. Five-year appreciation of $103,606 compounds alongside $3,144/yr in yearly equity build, for a total cumulative return of $200,679.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 11.2% | 7.5% |
| Monthly Cash Flow | $1,007 | $300 |
City averages based on Hawthorne market data in our database. Property projections are estimates.
DSCR Rental Loan Qualification
Qualifies using the property's rental income, not your personal income.
- ✓No W-2, pay stubs, or tax returns needed
- ✓Rental income qualifies you
- ✓Built for real estate investors
| Monthly Rental Income | $3,496 |
| Total Monthly Debt Service | $2,431 |
| DSCR Ratio | 1.44x |
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 6.5% rate / 30-yr fixed, 25% down, 1% tax, 0.5% insurance. Not a commitment to lend.
Single Family
Built in 2005
2.51 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 32640, Hawthorne, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 5,548 (100%) |
| Owner Occupied HU | 3,734 (67.3%) |
| Renter Occupied HU | 791 (14.3%) |
| Vacant Housing Units | 1,023 (18.4%) |
| Median Home Value | $223,379 |
| Average Home Value | $249,071 |
Housing Distribution
Address Breakdown
Residential
4,379
Single Family
4,379
Multi-Family
0
Businesses
201
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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
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