3506 Forest Path DrPlant CityFL33565
INVESTMENT ANALYSIS
Investment Verdict
Strong Cash FlowIf cash-on-cash performance is your primary filter, 3506 Forest Path Dr, Plant City, FL, 33565 in Plant City deserves attention. This $379,500 property earns $3,230/mo in rent, a 10.21% gross yield, and nets $712/mo after the $1,706/mo payment. DSCR 1.89 makes it one of the cleaner DSCR underwriting candidates Ziffy Mortgage sees in this market. Five-year appreciation of $104,849 compounds alongside $3,495/yr in yearly equity build, for a total cumulative return of $190,498.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 10.2% | 7.5% |
| Monthly Cash Flow | $712 | $300 |
City averages based on Plant City market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $3,230 |
| Total Monthly Debt Service | $2,367 |
| DSCR Ratio | 1.36x |
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
6,300 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 33565, Plant City, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 8,420 (100%) |
| Owner Occupied HU | 6,683 (79.4%) |
| Renter Occupied HU | 981 (11.7%) |
| Vacant Housing Units | 756 ( 9.0%) |
| Median Home Value | $416,130 |
| Average Home Value | $414,913 |
Housing Distribution
Address Breakdown
Residential
7,643
Single Family
6,800
Multi-Family
843
Businesses
94
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
6,300 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 33565, Plant City, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 8,420 (100%) |
| Owner Occupied HU | 6,683 (79.4%) |
| Renter Occupied HU | 981 (11.7%) |
| Vacant Housing Units | 756 ( 9.0%) |
| Median Home Value | $416,130 |
| Average Home Value | $414,913 |
Housing Distribution
Address Breakdown
Residential
7,643
Single Family
6,800
Multi-Family
843
Businesses
94
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Melanie Norris • ALL PROS REALTY INTERNATIONAL
Mls Name: Stellar MLS
Mls ID: #TB8445335