2610 Sprucewood LnPlant CityFL33563
INVESTMENT ANALYSIS
Investment Verdict
Solid IncomeTight but positive: 2610 Sprucewood Ln, Plant City, FL, 33563 in Plant City at $275,000 earns $1,962/mo in rent and nets $114/mo after the $1,237/mo payment, a 8.56% yield with limited short-term income headroom. The equity story offsets the thin monthly spread: 5% annual appreciation adds $75,977 over five years. Ziffy Mortgage underwrites this on a 1.59 DSCR without U.S. credit history. With $2,533/yr in principal paydown, total projected return reaches $113,655.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 8.6% | 7.5% |
| Monthly Cash Flow | $114 | $300 |
City averages based on Plant City market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $1,962 |
| Total Monthly Debt Service | $1,716 |
| DSCR Ratio | 1.14x |
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 1984
0.27 Acres lot
$N/A/sqft
No HOA
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 1984
0.27 Acres lot
$N/A/sqft
No HOA
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: N/A • N/A
Mls Name: Stellar MLS
Mls ID: #L4960046