342 SW Hudson LnLake CityFL32025
INVESTMENT ANALYSIS
Investment Verdict
Steady Equity BuilderInvestors who treat current yield as secondary to long-run equity growth will find 342 SW Hudson Ln, Lake City, FL, 32025 in Lake City worth modelling. At $382,500 with a 7.97% gross yield, the $2,034/mo rent leaves $3/mo after the $1,720/mo payment, sufficient to cover costs, modest in distribution. Ziffy Mortgage's 1.18 DSCR loan can finance the acquisition without personal income documentation. Appreciation of 5%/yr is projected to add $105,678 by year five; $3,523/yr in principal reduction adds further equity. Total projected return: $113,327.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 8% | 8.0% |
| Monthly Cash Flow | $3 | $200 |
City averages based on Lake City market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $2,034 |
| Total Monthly Debt Service | $2,386 |
| DSCR Ratio | 0.85x |
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.
Single Family
Built in 1978
0.73 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 32025, Lake City, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 9,127 (100%) |
| Owner Occupied HU | 5,155 (56.5%) |
| Renter Occupied HU | 3,163 (34.7%) |
| Vacant Housing Units | 809 ( 8.9%) |
| Median Home Value | $238,613 |
| Average Home Value | $278,138 |
Housing Distribution
Address Breakdown
Residential
8,161
Single Family
7,475
Multi-Family
686
Businesses
689
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 1978
0.73 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 32025, Lake City, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 9,127 (100%) |
| Owner Occupied HU | 5,155 (56.5%) |
| Renter Occupied HU | 3,163 (34.7%) |
| Vacant Housing Units | 809 ( 8.9%) |
| Median Home Value | $238,613 |
| Average Home Value | $278,138 |
Housing Distribution
Address Breakdown
Residential
8,161
Single Family
7,475
Multi-Family
686
Businesses
689
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Sandy Kishton • Re/MAX Blue Coast
Mls Name: NFMLS
Mls Provider:
Mls ID: #125965
Disclaimer: IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.