24424 NW 23rd LnNewberryFL32669
INVESTMENT ANALYSIS
Investment Verdict
Steady Equity BuilderReliable and efficiently structured, 24424 NW 23rd Ln, Newberry, FL, 32669 in Newberry is a conservative rental investment at $485,899. Rental yield 7.32%. A 1.36 coverage ratio meets Ziffy Mortgage's DSCR standard for foreign-national financing. Five-year equity: 5% appreciation adds $134,245; $4,475/yr in principal paydown supplements. Total projected return: $168,425.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 7.3% | 6.0% |
| Monthly Cash Flow | $(261) | $200 |
City averages based on Newberry market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $2,964 |
| Total Monthly Debt Service | $3,031 |
| 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.
Single Family
Built in 2023
5,662 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 32669, Newberry, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 8,320 (100%) |
| Owner Occupied HU | 6,444 (77.5%) |
| Renter Occupied HU | 1,209 (14.5%) |
| Vacant Housing Units | 667 ( 8.0%) |
| Median Home Value | $379,117 |
| Average Home Value | $459,088 |
Housing Distribution
Address Breakdown
Residential
7,786
Single Family
7,223
Multi-Family
563
Businesses
475
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 2023
5,662 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 32669, Newberry, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 8,320 (100%) |
| Owner Occupied HU | 6,444 (77.5%) |
| Renter Occupied HU | 1,209 (14.5%) |
| Vacant Housing Units | 667 ( 8.0%) |
| Median Home Value | $379,117 |
| Average Home Value | $459,088 |
Housing Distribution
Address Breakdown
Residential
7,786
Single Family
7,223
Multi-Family
563
Businesses
475
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices