35041 Smoketree LnRidge ManorFL33523
INVESTMENT ANALYSIS
Investment Verdict
Strong Cash FlowDay-one income is the story at 35041 Smoketree Ln, Ridge Manor, FL, 33523 in Ridge Manor. Priced at $298,490, it generates $2,959/mo in gross rent and $959/mo in net monthly cash flow, a 11.9% yield that comfortably supports the 2.20 DSCR needed for Ziffy Mortgage's no-W2 DSCR mortgage. Projected annual cash flow: $11,511. Five-year appreciation: $82,467. Equity from principal paydown: $2,749/yr. Total projected cumulative return: $175,644.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 11.9% | 9.2% |
| Monthly Cash Flow | $959 | $300 |
City averages based on Ridge Manor market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $2,959 |
| Total Monthly Debt Service | $1,881 |
| DSCR Ratio | 1.57x |
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 2025
9,583 sqft lot
$N/A/sqft
$229 annually 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 2025
9,583 sqft lot
$N/A/sqft
$229 annually 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