255 SE 4th AveSouth BayFL33493
INVESTMENT ANALYSIS
Investment Verdict
Strong Cash FlowThis South Bay rental at 255 SE 4th Ave, South Bay, FL, 33493 sits in the solid-income band: 10.1% gross yield, $2,011/mo rent, $425/mo net after the $1,075/mo debt service, DSCR 1.87. Entry price of $239,000 is well-calibrated for the income it produces. Ziffy Mortgage finances this type of asset on rental income alone, no tax returns, no U.S. credit profile. Projected five-year appreciation of $66,031 and $2,201/yr in principal reduction bring total cumulative return to $118,429.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 10.1% | 7.0% |
| Monthly Cash Flow | $425 | $250 |
City averages based on South Bay market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $2,011 |
| Total Monthly Debt Service | $1,491 |
| DSCR Ratio | 1.35x |
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 1989
9,147 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 33493, South Bay, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,102 (100%) |
| Owner Occupied HU | 494 (44.8%) |
| Renter Occupied HU | 536 (48.6%) |
| Vacant Housing Units | 72 ( 6.5%) |
| Median Home Value | $109,451 |
| Average Home Value | $156,159 |
Housing Distribution
Address Breakdown
Residential
996
Single Family
855
Multi-Family
141
Businesses
94
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 1989
9,147 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 33493, South Bay, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,102 (100%) |
| Owner Occupied HU | 494 (44.8%) |
| Renter Occupied HU | 536 (48.6%) |
| Vacant Housing Units | 72 ( 6.5%) |
| Median Home Value | $109,451 |
| Average Home Value | $156,159 |
Housing Distribution
Address Breakdown
Residential
996
Single Family
855
Multi-Family
141
Businesses
94
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices