338 Magnolia CtEastpointFL32328
INVESTMENT ANALYSIS
Investment Verdict
Solid IncomeSolid, durable, and financeable, 338 Magnolia Ct, Eastpoint, FL, 32328 in Eastpoint earns a 8.61% gross yield at $439,000. Rent of $3,149/mo nets $218/mo after the $1,974/mo mortgage. The 1.60 DSCR signals clean DSCR underwriting through Ziffy Mortgage, with no personal income verification required. Five-year value growth of $121,288 and $4,043/yr in equity accumulation project a total cumulative return of $181,428.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 8.6% | 6.5% |
| Monthly Cash Flow | $218 | $1,200 |
City averages based on Eastpoint market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $3,149 |
| Total Monthly Debt Service | $2,756 |
| DSCR Ratio | 1.14x |
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 2024
1.01 Acres lot
$N/A/sqft
$210 annually HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 32328, Eastpoint, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,977 (100%) |
| Owner Occupied HU | 1,351 (45.4%) |
| Renter Occupied HU | 248 ( 8.3%) |
| Vacant Housing Units | 1,378 (46.3%) |
| Median Home Value | $428,165 |
| Average Home Value | $545,204 |
Housing Distribution
Address Breakdown
Residential
1,712
Single Family
1,498
Multi-Family
214
Businesses
211
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 2024
1.01 Acres lot
$N/A/sqft
$210 annually HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 32328, Eastpoint, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,977 (100%) |
| Owner Occupied HU | 1,351 (45.4%) |
| Renter Occupied HU | 248 ( 8.3%) |
| Vacant Housing Units | 1,378 (46.3%) |
| Median Home Value | $428,165 |
| Average Home Value | $545,204 |
Housing Distribution
Address Breakdown
Residential
1,712
Single Family
1,498
Multi-Family
214
Businesses
211
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices