289 Garden StLake HelenFL32744
INVESTMENT ANALYSIS
Investment Verdict
Solid Income289 Garden St, Lake Helen, FL, 32744 in Lake Helen earns a respectable 8.3% gross yield at $569,000, but after the $2,559/mo mortgage the net cash flow is $160/mo, a tight but positive spread. Expense discipline (vacancy, management, maintenance) will determine whether the margin widens. Ziffy Mortgage's DSCR mortgage (1.54) still qualifies on property income; a larger down payment can improve the cash-flow buffer. Long-term, 5% appreciation projects $157,204 over five years, making equity the dominant return driver. Total projected return: $227,129.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 8.3% | 7.0% |
| Monthly Cash Flow | $160 | $1,500 |
City averages based on Lake Helen market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $3,936 |
| Total Monthly Debt Service | $3,550 |
| DSCR Ratio | 1.11x |
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 2001
0.40 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 32744, Lake Helen, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,983 (100%) |
| Owner Occupied HU | 1,531 (77.2%) |
| Renter Occupied HU | 336 (16.9%) |
| Vacant Housing Units | 116 ( 5.8%) |
| Median Home Value | $452,247 |
| Average Home Value | $465,794 |
Housing Distribution
Address Breakdown
Residential
1,620
Single Family
1,423
Multi-Family
197
Businesses
117
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 2001
0.40 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 32744, Lake Helen, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,983 (100%) |
| Owner Occupied HU | 1,531 (77.2%) |
| Renter Occupied HU | 336 (16.9%) |
| Vacant Housing Units | 116 ( 5.8%) |
| Median Home Value | $452,247 |
| Average Home Value | $465,794 |
Housing Distribution
Address Breakdown
Residential
1,620
Single Family
1,423
Multi-Family
197
Businesses
117
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: N/A • N/A
Mls Name: Stellar MLS
Mls ID: #O6385167