329 Grove CirAvon ParkFL33825
INVESTMENT ANALYSIS
Investment Verdict
Strong Cash FlowHigh DSCR is a competitive advantage at closing. 329 Grove Cir, Avon Park, FL, 33825 in Avon Park achieves 2.00, rent of $1,391/mo covers the $697/mo payment 1.5x over at $154,895. Rental yield 10.77%. 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 $42,795 over five years, with $1,427/yr in principal reduction bringing total projected return to $50,311.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 10.8% | 7.0% |
| Monthly Cash Flow | $(172) | $300 |
City averages based on Avon Park market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $1,391 |
| Total Monthly Debt Service | $1,501 |
| DSCR Ratio | 0.93x |
Ziffy Mortgage typically prefers a DSCR of 1.0+, but in some cases you may qualify with a DSCR below 1. To explore if this deal qualifies for an investment mortgage, 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.
Condo
Built in 1987
6,534 sqft lot
$N/A/sqft
$1,605 quarterly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 33825, Avon Park, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 12,953 (100%) |
| Owner Occupied HU | 7,707 (59.5%) |
| Renter Occupied HU | 2,567 (19.8%) |
| Vacant Housing Units | 2,679 (20.7%) |
| Median Home Value | $207,045 |
| Average Home Value | $261,276 |
Housing Distribution
Address Breakdown
Residential
10,879
Single Family
10,748
Multi-Family
131
Businesses
489
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
Condo
Built in 1987
6,534 sqft lot
$N/A/sqft
$1,605 quarterly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 33825, Avon Park, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 12,953 (100%) |
| Owner Occupied HU | 7,707 (59.5%) |
| Renter Occupied HU | 2,567 (19.8%) |
| Vacant Housing Units | 2,679 (20.7%) |
| Median Home Value | $207,045 |
| Average Home Value | $261,276 |
Housing Distribution
Address Breakdown
Residential
10,879
Single Family
10,748
Multi-Family
131
Businesses
489
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices