270 SW 10th AveSouth BayFL33493
INVESTMENT ANALYSIS
Investment Verdict
Solid Income270 SW 10th Ave, South Bay, FL, 33493 in South Bay earns a respectable 8.82% gross yield at $245,000, but after the $1,102/mo mortgage the net cash flow is $174/mo, a tight but positive spread. Expense discipline (vacancy, management, maintenance) will determine whether the margin widens. Ziffy Mortgage's DSCR mortgage (1.63) still qualifies on property income; a larger down payment can improve the cash-flow buffer. Long-term, 5% appreciation projects $67,689 over five years, making equity the dominant return driver. Total projected return: $104,608.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 8.8% | 7.0% |
| Monthly Cash Flow | $174 | $250 |
City averages based on South Bay market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $1,800 |
| Total Monthly Debt Service | $1,528 |
| DSCR Ratio | 1.18x |
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 1963
6,534 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 1963
6,534 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
Listed by: Vanessa Suarez Estrada • Lukso Realty LLC
Mls Name: BeachesMLS
Mls Provider:
Mls ID: #F10517016
Disclaimer: All listings featuring the BMLS logo are provided by Beaches MLS, Inc. This information is not verified for authenticity or accuracy and is not guaranteed. Copyright 2025 Beaches Multiple Listing Service, Inc. Information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.