318 S Magnolia AveFrostproofFL33843
INVESTMENT ANALYSIS
Investment Verdict
Strong Cash FlowDay-one income is the story at 318 S Magnolia Ave, Frostproof, FL, 33843 in Frostproof. Priced at $123,809, it generates $1,495/mo in gross rent and $500/mo in net monthly cash flow, a 11.97% yield that comfortably supports the 2.68 DSCR needed for Ziffy Mortgage's no-W2 DSCR mortgage. Projected annual cash flow: $6,003. Five-year appreciation: $34,206. Equity from principal paydown: $1,140/yr. Total projected cumulative return: $89,820.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 12% | 6.5% |
| Monthly Cash Flow | $500 | $300 |
City averages based on Frostproof market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $1,495 |
| Total Monthly Debt Service | $784 |
| DSCR Ratio | 1.91x |
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 1939
0.53 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 33843, Frostproof, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 6,323 (100%) |
| Owner Occupied HU | 3,555 (56.2%) |
| Renter Occupied HU | 1,006 (15.9%) |
| Vacant Housing Units | 1,762 (27.9%) |
| Median Home Value | $151,901 |
| Average Home Value | $217,172 |
Housing Distribution
Address Breakdown
Residential
5,755
Single Family
5,504
Multi-Family
251
Businesses
267
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 1939
0.53 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 33843, Frostproof, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 6,323 (100%) |
| Owner Occupied HU | 3,555 (56.2%) |
| Renter Occupied HU | 1,006 (15.9%) |
| Vacant Housing Units | 1,762 (27.9%) |
| Median Home Value | $151,901 |
| Average Home Value | $217,172 |
Housing Distribution
Address Breakdown
Residential
5,755
Single Family
5,504
Multi-Family
251
Businesses
267
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: N/A • N/A
Mls Name: undefined
Mls ID: #N/A