3215 NE 38th StOcalaFL34479
INVESTMENT ANALYSIS
Investment Verdict
Strong Cash FlowThe yield at 3215 NE 38th St, Ocala, FL, 34479 in Ocala speaks for itself: 10.69% gross on a $229,100 price, generating $2,040/mo in rent and $520/mo in net income after the $1,030/mo debt service. DSCR 1.98, a wide margin that supports Ziffy Mortgage's DSCR loan without any personal income check. Annual cash flow of $6,236 stacks alongside $63,296 in projected five-year appreciation and $2,110/yr in principal reduction. Projected total cumulative return: $120,758.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 10.7% | 8.2% |
| Monthly Cash Flow | $520 | $425 |
City averages based on Ocala market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $2,040 |
| Total Monthly Debt Service | $1,429 |
| DSCR Ratio | 1.43x |
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 N/A
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 34479, Ocala, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 6,291 (100%) |
| Owner Occupied HU | 4,518 (71.8%) |
| Renter Occupied HU | 1,384 (22.0%) |
| Vacant Housing Units | 389 ( 6.2%) |
| Median Home Value | $224,402 |
| Average Home Value | $287,078 |
Housing Distribution
Address Breakdown
Residential
5,965
Single Family
5,414
Multi-Family
551
Businesses
227
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
- 2 Bed
- 2 Bath
- 1224 sft
- 2 Bed
- 2 Bath
- 1050 sft
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 N/A
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 34479, Ocala, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 6,291 (100%) |
| Owner Occupied HU | 4,518 (71.8%) |
| Renter Occupied HU | 1,384 (22.0%) |
| Vacant Housing Units | 389 ( 6.2%) |
| Median Home Value | $224,402 |
| Average Home Value | $287,078 |
Housing Distribution
Address Breakdown
Residential
5,965
Single Family
5,414
Multi-Family
551
Businesses
227
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
- 2 Bed
- 2 Bath
- 1224 sft
- 2 Bed
- 2 Bath
- 1050 sft