256 Spindlewood BlvdDundeeFL33838
INVESTMENT ANALYSIS
Investment Verdict
Strong Cash FlowInvestors targeting immediate dollar income will find 256 Spindlewood Blvd, Dundee, FL, 33838 in Dundee hard to pass up. The 10.47% gross yield on a $272,490 purchase results in $2,378/mo in rent and $505/mo in net cash, well above the spread required for Ziffy Mortgage's DSCR qualification (1.94). Annual cash flow of $6,061, five-year appreciation of $75,284, and $2,510/yr in equity build-up combine for a projected total cumulative return of $140,563.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 10.5% | 8.0% |
| Monthly Cash Flow | $505 | $1,500 |
City averages based on Dundee market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $2,378 |
| Total Monthly Debt Service | $1,700 |
| DSCR Ratio | 1.40x |
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 2026
6,966 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 33838, Dundee, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,066 (100%) |
| Owner Occupied HU | 1,404 (68.0%) |
| Renter Occupied HU | 359 (17.4%) |
| Vacant Housing Units | 303 (14.7%) |
| Median Home Value | $308,439 |
| Average Home Value | $354,637 |
Housing Distribution
Address Breakdown
Residential
2,058
Single Family
2,047
Multi-Family
11
Businesses
258
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 2026
6,966 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 33838, Dundee, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,066 (100%) |
| Owner Occupied HU | 1,404 (68.0%) |
| Renter Occupied HU | 359 (17.4%) |
| Vacant Housing Units | 303 (14.7%) |
| Median Home Value | $308,439 |
| Average Home Value | $354,637 |
Housing Distribution
Address Breakdown
Residential
2,058
Single Family
2,047
Multi-Family
11
Businesses
258
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices