3300 Sea Grape DrHernando BeachFL34607
INVESTMENT ANALYSIS
Investment Verdict
Solid IncomeTight but positive: 3300 Sea Grape Dr, Hernando Beach, FL, 34607 in Hernando Beach at $209,900 earns $1,461/mo in rent and nets $68/mo after the $944/mo payment, a 8.35% yield with limited short-term income headroom. The equity story offsets the thin monthly spread: 5% annual appreciation adds $57,992 over five years. Ziffy Mortgage underwrites this on a 1.55 DSCR without U.S. credit history. With $1,933/yr in principal paydown, total projected return reaches $84,406.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 8.4% | 7.5% |
| Monthly Cash Flow | $68 | $300 |
City averages based on Hernando Beach market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $1,461 |
| Total Monthly Debt Service | $1,309 |
| DSCR Ratio | 1.12x |
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 1981
5,300 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 34607, Spring Hill, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 5,478 (100%) |
| Owner Occupied HU | 3,535 (64.5%) |
| Renter Occupied HU | 666 (12.2%) |
| Vacant Housing Units | 1,277 (23.3%) |
| Median Home Value | $460,157 |
| Average Home Value | $483,981 |
Housing Distribution
Address Breakdown
Residential
4,390
Single Family
3,304
Multi-Family
1,086
Businesses
149
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 1981
5,300 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 34607, Spring Hill, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 5,478 (100%) |
| Owner Occupied HU | 3,535 (64.5%) |
| Renter Occupied HU | 666 (12.2%) |
| Vacant Housing Units | 1,277 (23.3%) |
| Median Home Value | $460,157 |
| Average Home Value | $483,981 |
Housing Distribution
Address Breakdown
Residential
4,390
Single Family
3,304
Multi-Family
1,086
Businesses
149
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Jeffrey Osborn, Jr • EXP REALTY LLC
Mls Name: Stellar MLS
Mls Provider:
Mls ID: #O6220413
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