34767 Evergreen WayRidge ManorFL33523
INVESTMENT ANALYSIS
Investment Verdict
Solid IncomeTight but positive: 34767 Evergreen Way, Ridge Manor, FL, 33523 in Ridge Manor at $145,900 earns $1,166/mo in rent and nets $198/mo after the $656/mo payment, a 9.59% yield with limited short-term income headroom. The equity story offsets the thin monthly spread: 5% annual appreciation adds $40,309 over five years. Ziffy Mortgage underwrites this on a 1.78 DSCR without U.S. credit history. With $1,344/yr in principal paydown, total projected return reaches $68,346.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 9.6% | 9.2% |
| Monthly Cash Flow | $198 | $300 |
City averages based on Ridge Manor market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $1,166 |
| Total Monthly Debt Service | $910 |
| DSCR Ratio | 1.28x |
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 1960
0.33 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 33523, Dade City, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 7,973 (100%) |
| Owner Occupied HU | 5,457 (68.4%) |
| Renter Occupied HU | 1,672 (21.0%) |
| Vacant Housing Units | 844 (10.6%) |
| Median Home Value | $345,964 |
| Average Home Value | $378,220 |
Housing Distribution
Address Breakdown
Residential
6,796
Single Family
6,684
Multi-Family
112
Businesses
343
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 1960
0.33 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 33523, Dade City, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 7,973 (100%) |
| Owner Occupied HU | 5,457 (68.4%) |
| Renter Occupied HU | 1,672 (21.0%) |
| Vacant Housing Units | 844 (10.6%) |
| Median Home Value | $345,964 |
| Average Home Value | $378,220 |
Housing Distribution
Address Breakdown
Residential
6,796
Single Family
6,684
Multi-Family
112
Businesses
343
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Vincent Mistretta • Housekey Realty & Investments, Inc.
Mls Name: HCMLS
Mls Provider:
Mls ID: #2254307
Disclaimer: This information is provided exclusively for consumers personal, non-commercial use, and it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. This data is deemed reliable but is not guaranteed accurate by the MLS.