3120 Manatee RdTavaresFL32778
INVESTMENT ANALYSIS
Investment Verdict
Strong Cash Flow3120 Manatee Rd, Tavares, FL, 32778 in Tavares is a top-tier cash-flow asset. At $249,900 it produces $3,377/mo in rent and $1,658/mo in net monthly income, a 16.22% gross rental yield. The DSCR of 3.00 qualifies for Ziffy Mortgage's DSCR loan without W-2s or U.S. credit history. Annual cash flow: $19,901. Five-year appreciation adds $69,043, driving a total cumulative return of $202,229.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 16.2% | 6.5% |
| Monthly Cash Flow | $1,658 | $400 |
City averages based on Tavares market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $3,377 |
| Total Monthly Debt Service | $1,619 |
| DSCR Ratio | 2.09x |
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 1999
6,300 sqft lot
$N/A/sqft
$60 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 32778, Tavares, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 13,282 (100%) |
| Owner Occupied HU | 9,028 (68.0%) |
| Renter Occupied HU | 2,520 (19.0%) |
| Vacant Housing Units | 1,734 (13.1%) |
| Median Home Value | $290,642 |
| Average Home Value | $332,532 |
Housing Distribution
Address Breakdown
Residential
12,348
Single Family
10,449
Multi-Family
1,899
Businesses
945
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 1999
6,300 sqft lot
$N/A/sqft
$60 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 32778, Tavares, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 13,282 (100%) |
| Owner Occupied HU | 9,028 (68.0%) |
| Renter Occupied HU | 2,520 (19.0%) |
| Vacant Housing Units | 1,734 (13.1%) |
| Median Home Value | $290,642 |
| Average Home Value | $332,532 |
Housing Distribution
Address Breakdown
Residential
12,348
Single Family
10,449
Multi-Family
1,899
Businesses
945
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices