2946 Banyan Hill LnLand O LakesFL34639
INVESTMENT ANALYSIS
Investment Verdict
Solid IncomeHigh DSCR is a competitive advantage at closing. 2946 Banyan Hill Ln, Land O Lakes, FL, 34639 in Land O Lakes achieves 1.61, rent of $2,422/mo covers the $1,506/mo payment 1.5x over at $334,900. Rental yield 8.68%. That makes it both an efficient operational hold and a straightforward underwrite for Ziffy Mortgage's DSCR program. No domestic credit history or income documentation required. Appreciation at 5%/yr adds $92,527 over five years, with $3,084/yr in principal reduction bringing total projected return to $140,488.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 8.7% | 6.5% |
| Monthly Cash Flow | $(112) | $1,800 |
City averages based on Land O Lakes market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $2,422 |
| Total Monthly Debt Service | $2,089 |
| DSCR Ratio | 1.16x |
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 2003
8,279 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 34639, Land O Lakes, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 10,947 (100%) |
| Owner Occupied HU | 8,151 (74.5%) |
| Renter Occupied HU | 2,346 (21.4%) |
| Vacant Housing Units | 450 ( 4.1%) |
| Median Home Value | $434,237 |
| Average Home Value | $477,200 |
Housing Distribution
Address Breakdown
Residential
10,979
Single Family
9,323
Multi-Family
1,656
Businesses
795
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 2003
8,279 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 34639, Land O Lakes, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 10,947 (100%) |
| Owner Occupied HU | 8,151 (74.5%) |
| Renter Occupied HU | 2,346 (21.4%) |
| Vacant Housing Units | 450 ( 4.1%) |
| Median Home Value | $434,237 |
| Average Home Value | $477,200 |
Housing Distribution
Address Breakdown
Residential
10,979
Single Family
9,323
Multi-Family
1,656
Businesses
795
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Mike Cassens, PA • GOOD 2 GO PROPERTY, LLC
Mls Name: Stellar MLS
Mls ID: #TB8462027