243 NE Wesley StMayoFL32066
INVESTMENT ANALYSIS
Investment Verdict
Solid IncomeAt $138,000, 243 NE Wesley St, Mayo, FL, 32066 in Mayo generates $1,603/mo in rent (9.17% yield) but nets only $139/mo after debt service. The spread is thin, manageable for investors comfortable with low-margin holds who are buying into the 5% annual appreciation thesis. Ziffy Mortgage's DSCR loan (2.58) allows non-U.S. residents to acquire without personal income checks. A larger down payment reduces the monthly debt load and widens the margin. Five-year appreciation: $38,127. Total projected return: $96,796.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 9.2% | 8.5% |
| Monthly Cash Flow | $139 | $350 |
City averages based on Mayo market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $1,603 |
| Total Monthly Debt Service | $861 |
| DSCR Ratio | 1.86x |
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.
Manufactured
Built in 1995
0.50 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 32066, Mayo, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,572 (100%) |
| Owner Occupied HU | 1,749 (68.0%) |
| Renter Occupied HU | 481 (18.7%) |
| Vacant Housing Units | 342 (13.3%) |
| Median Home Value | $145,560 |
| Average Home Value | $185,099 |
Housing Distribution
Address Breakdown
Residential
1,995
Single Family
1,995
Multi-Family
0
Businesses
169
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
Manufactured
Built in 1995
0.50 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 32066, Mayo, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,572 (100%) |
| Owner Occupied HU | 1,749 (68.0%) |
| Renter Occupied HU | 481 (18.7%) |
| Vacant Housing Units | 342 (13.3%) |
| Median Home Value | $145,560 |
| Average Home Value | $185,099 |
Housing Distribution
Address Breakdown
Residential
1,995
Single Family
1,995
Multi-Family
0
Businesses
169
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Brent Ayala • POOLE REALTY INC.
Mls Name: NFMLS
Mls Provider:
Mls ID: #126690
Disclaimer: IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.