3804 Bonfire DrOdessaFL33556
INVESTMENT ANALYSIS
Investment Verdict
Solid IncomeWhen a property's DSCR clears 1.5x, lenders and investors both pay attention. 3804 Bonfire Dr, Odessa, FL, 33556 in Odessa achieves a 1.52 ratio at $875,000: $5,964/mo rent versus $3,935/mo debt service. Rental yield 8.18%. Ziffy Mortgage's no-W2 DSCR loan is purpose-built for assets like this. The 8.18% yield compounds alongside 5% annual appreciation projecting $241,746 in value. Total projected cumulative return: $322,991.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 8.2% | 6.0% |
| Monthly Cash Flow | $(187) | $500 |
City averages based on Odessa market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $5,964 |
| Total Monthly Debt Service | $5,802 |
| DSCR Ratio | 1.03x |
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 2020
9,750 sqft lot
$N/A/sqft
$7 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 33556, Odessa, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 14,814 (100%) |
| Owner Occupied HU | 11,715 (79.1%) |
| Renter Occupied HU | 1,911 (12.9%) |
| Vacant Housing Units | 1,188 ( 8.0%) |
| Median Home Value | $616,653 |
| Average Home Value | $692,848 |
Housing Distribution
Address Breakdown
Residential
14,720
Single Family
12,906
Multi-Family
1,814
Businesses
854
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 2020
9,750 sqft lot
$N/A/sqft
$7 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 33556, Odessa, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 14,814 (100%) |
| Owner Occupied HU | 11,715 (79.1%) |
| Renter Occupied HU | 1,911 (12.9%) |
| Vacant Housing Units | 1,188 ( 8.0%) |
| Median Home Value | $616,653 |
| Average Home Value | $692,848 |
Housing Distribution
Address Breakdown
Residential
14,720
Single Family
12,906
Multi-Family
1,814
Businesses
854
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Christina Navatta Mueller • PREMIER SOTHEBYS INTL REALTY
Mls Name: Stellar MLS
Mls Provider:
Mls ID: #TB8410690
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