3667 SMARTY JONES LaneElktonFL32033
INVESTMENT ANALYSIS
Investment Verdict
Appreciation PlayGlobal investors willing to prioritise equity over near-term yield will find 3667 SMARTY JONES Lane, Elkton, FL, 32033 in Elkton worth study. Rental yield 4.33%. The 4.33% gross yield is below cash-flow benchmarks at $1,000,000, but 5% annual appreciation, adding $276,282 over five years, frames this as a capital growth position. Rent of $3,612/mo partially offsets the $4,497/mo payment. Ziffy Mortgage finances appreciation-play properties (0.80 DSCR) for non-U.S. residents without domestic income documentation; a 30–35% down payment maximises coverage. Total projected return: $179,982.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 4.3% | 6.0% |
| Monthly Cash Flow | $(3,132) | $1,600 |
City averages based on Elkton market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $3,612 |
| Total Monthly Debt Service | $6,347 |
| DSCR Ratio | 0.57x |
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 2018
7.33 Acres lot
$N/A/sqft
$325 quarterly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 32033, Elkton, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,176 (100%) |
| Owner Occupied HU | 1,751 (80.5%) |
| Renter Occupied HU | 258 (11.9%) |
| Vacant Housing Units | 167 ( 7.7%) |
| Median Home Value | $383,380 |
| Average Home Value | $421,982 |
Housing Distribution
Address Breakdown
Residential
2,218
Single Family
2,218
Multi-Family
0
Businesses
97
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 2018
7.33 Acres lot
$N/A/sqft
$325 quarterly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 32033, Elkton, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,176 (100%) |
| Owner Occupied HU | 1,751 (80.5%) |
| Renter Occupied HU | 258 (11.9%) |
| Vacant Housing Units | 167 ( 7.7%) |
| Median Home Value | $383,380 |
| Average Home Value | $421,982 |
Housing Distribution
Address Breakdown
Residential
2,218
Single Family
2,218
Multi-Family
0
Businesses
97
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices