29129 Johnston Rd LOT 2547Dade CityFL33523
INVESTMENT ANALYSIS
Investment Verdict
Solid IncomeThe 9.07% yield at 29129 Johnston Rd LOT 2547, Dade City, FL, 33523 in Dade City is solid, but the $863/mo payment compresses net cash flow to $177/mo at $192,000. This is a tight-spread property, income covers debt, with little cushion. For investors who can optimise occupancy, the upside is real: 5% annual appreciation adds $53,046 by year five, and $1,768/yr in loan paydown builds equity. Ziffy Mortgage qualifies this via DSCR (1.68) without U.S. income documentation. Total projected return: $84,600.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 9.1% | 9.0% |
| Monthly Cash Flow | $177 | $1,200 |
City averages based on Dade City market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $1,451 |
| Total Monthly Debt Service | $1,198 |
| DSCR Ratio | 1.21x |
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.
Manufactured
Built in 1980
6,396 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 33523, Dade City, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 7,973 (100%) |
| Owner Occupied HU | 5,457 (68.4%) |
| Renter Occupied HU | 1,672 (21.0%) |
| Vacant Housing Units | 844 (10.6%) |
| Median Home Value | $345,964 |
| Average Home Value | $378,220 |
Housing Distribution
Address Breakdown
Residential
6,796
Single Family
6,684
Multi-Family
112
Businesses
343
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
Manufactured
Built in 1980
6,396 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 33523, Dade City, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 7,973 (100%) |
| Owner Occupied HU | 5,457 (68.4%) |
| Renter Occupied HU | 1,672 (21.0%) |
| Vacant Housing Units | 844 (10.6%) |
| Median Home Value | $345,964 |
| Average Home Value | $378,220 |
Housing Distribution
Address Breakdown
Residential
6,796
Single Family
6,684
Multi-Family
112
Businesses
343
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices