3411 S Kings AveHomosassaFL34448
INVESTMENT ANALYSIS
Investment Verdict
Strong Cash FlowThe yield at 3411 S Kings Ave, Homosassa, FL, 34448 in Homosassa speaks for itself: 32.88% gross on a $126,999 price, generating $3,480/mo in rent and $2,637/mo in net income after the $571/mo debt service. DSCR 6.09, a wide margin that supports Ziffy Mortgage's DSCR loan without any personal income check. Annual cash flow of $31,647 stacks alongside $35,087 in projected five-year appreciation and $1,170/yr in principal reduction. Projected total cumulative return: $218,115.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 32.9% | 8.0% |
| Monthly Cash Flow | $2,637 | $250 |
City averages based on Homosassa market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $3,480 |
| Total Monthly Debt Service | $792 |
| DSCR Ratio | 4.39x |
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.
Manufactured
Built in 1984
6,098 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 34448, Homosassa, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 7,635 (100%) |
| Owner Occupied HU | 4,650 (60.9%) |
| Renter Occupied HU | 972 (12.7%) |
| Vacant Housing Units | 2,013 (26.4%) |
| Median Home Value | $210,158 |
| Average Home Value | $260,450 |
Housing Distribution
Address Breakdown
Residential
5,958
Single Family
5,886
Multi-Family
72
Businesses
266
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
Manufactured
Built in 1984
6,098 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 34448, Homosassa, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 7,635 (100%) |
| Owner Occupied HU | 4,650 (60.9%) |
| Renter Occupied HU | 972 (12.7%) |
| Vacant Housing Units | 2,013 (26.4%) |
| Median Home Value | $210,158 |
| Average Home Value | $260,450 |
Housing Distribution
Address Breakdown
Residential
5,958
Single Family
5,886
Multi-Family
72
Businesses
266
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices