3621 N Point Rd Unit 301OspreyFL34229
INVESTMENT ANALYSIS
Investment Verdict
Strong Cash FlowThe cash-flow margin at 3621 N Point Rd Unit 301, Osprey, FL, 34229 in Osprey is narrow, $72/mo net on $6,065/mo rent after the $2,810/mo debt service, but the property operates at break-even-plus, not a loss. At $625,000 with a 11.64% yield, the long-run equity case via 5% appreciation ($172,676 over five years) and $5,756/yr in principal paydown is where the returns accumulate. Ziffy Mortgage's 2.16 DSCR loan requires no W-2s or U.S. credit. Total projected cumulative return: $361,630.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 11.6% | 6.0% |
| Monthly Cash Flow | $72 | $1,500 |
City averages based on Osprey market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $6,065 |
| Total Monthly Debt Service | $3,899 |
| DSCR Ratio | 1.56x |
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.
Condo
Built in 2006
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 34229, Osprey, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 4,629 (100%) |
| Owner Occupied HU | 3,564 (77.0%) |
| Renter Occupied HU | 380 ( 8.2%) |
| Vacant Housing Units | 685 (14.8%) |
| Median Home Value | $777,632 |
| Average Home Value | $948,645 |
Housing Distribution
Address Breakdown
Residential
4,436
Single Family
3,809
Multi-Family
627
Businesses
426
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
Condo
Built in 2006
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 34229, Osprey, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 4,629 (100%) |
| Owner Occupied HU | 3,564 (77.0%) |
| Renter Occupied HU | 380 ( 8.2%) |
| Vacant Housing Units | 685 (14.8%) |
| Median Home Value | $777,632 |
| Average Home Value | $948,645 |
Housing Distribution
Address Breakdown
Residential
4,436
Single Family
3,809
Multi-Family
627
Businesses
426
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices