3786 County Road 405nLake PanasoffkeeFL33538
INVESTMENT ANALYSIS
Investment Verdict
Solid IncomeThis is a cash-flow-light asset: 3786 County Road 405n, Lake Panasoffkee, FL, 33538 in Lake Panasoffkee, $179,900, 9.06% gross yield, $164/mo net income. Consider it a market-entry position, the $1,358/mo rent covers the $809/mo payment with a margin, and 5%/yr appreciation is projected to add $49,703 to the asset's value over five years. Ziffy Mortgage approves DSCR loans (coverage 1.68) for non-U.S. residents without domestic income documentation. Consider a higher down payment to widen the monthly margin. Total projected return: $79,150.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 9.1% | 7.2% |
| Monthly Cash Flow | $164 | $400 |
City averages based on Lake Panasoffkee market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $1,358 |
| Total Monthly Debt Service | $1,122 |
| DSCR Ratio | 1.21x |
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.
Manufactured
Built in 2004
10,033 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 33538, Lake Panasoffkee, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,984 (100%) |
| Owner Occupied HU | 1,740 (58.3%) |
| Renter Occupied HU | 554 (18.6%) |
| Vacant Housing Units | 690 (23.1%) |
| Median Home Value | $163,971 |
| Average Home Value | $220,272 |
Housing Distribution
Address Breakdown
Residential
2,271
Single Family
2,271
Multi-Family
0
Businesses
110
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
Manufactured
Built in 2004
10,033 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 33538, Lake Panasoffkee, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,984 (100%) |
| Owner Occupied HU | 1,740 (58.3%) |
| Renter Occupied HU | 554 (18.6%) |
| Vacant Housing Units | 690 (23.1%) |
| Median Home Value | $163,971 |
| Average Home Value | $220,272 |
Housing Distribution
Address Breakdown
Residential
2,271
Single Family
2,271
Multi-Family
0
Businesses
110
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Debbie Osborne • CENTURY 21 RE CHAMPIONS
Mls Name: Stellar MLS
Mls ID: #TB8447152