2590 McKinnon StCottondaleFL32431
INVESTMENT ANALYSIS
Investment Verdict
Strong Cash Flow2590 McKinnon St, Cottondale, FL, 32431 in Cottondale is a solid income-producing rental, 11.1% gross yield, $1,249/mo rent, $353/mo net cash flow on a $134,999 buy. DSCR 2.06 qualifies the property for Ziffy Mortgage's financing without personal income documentation. Five-year appreciation of $37,298 and $1,243/yr in principal reduction project a total cumulative return of $74,186.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 11.1% | 7.0% |
| Monthly Cash Flow | $353 | $300 |
City averages based on Cottondale market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $1,249 |
| Total Monthly Debt Service | $842 |
| DSCR Ratio | 1.48x |
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 1973
0.33 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 32431, Cottondale, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,299 (100%) |
| Owner Occupied HU | 1,477 (64.2%) |
| Renter Occupied HU | 533 (23.2%) |
| Vacant Housing Units | 289 (12.6%) |
| Median Home Value | $160,764 |
| Average Home Value | $196,302 |
Housing Distribution
Address Breakdown
Residential
2,146
Single Family
2,146
Multi-Family
0
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 1973
0.33 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 32431, Cottondale, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,299 (100%) |
| Owner Occupied HU | 1,477 (64.2%) |
| Renter Occupied HU | 533 (23.2%) |
| Vacant Housing Units | 289 (12.6%) |
| Median Home Value | $160,764 |
| Average Home Value | $196,302 |
Housing Distribution
Address Breakdown
Residential
2,146
Single Family
2,146
Multi-Family
0
Businesses
94
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Seamus J O'neill • SOUTHERN WAY REALTY, INC.
Mls Name: CPAR
Mls Provider:
Mls ID: #771139
Disclaimer: IDX information is provided exclusively for consumers personal, non-commercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data is deemed reliable but is not guaranteed accurate by the MLS.