39-7 Carlton Ave #7Lanark VillageFL32323
INVESTMENT ANALYSIS
Investment Verdict
Solid IncomeThe 9.59% yield at 39-7 Carlton Ave #7, Lanark Village, FL, 32323 in Lanark Village is solid, but the $562/mo payment compresses net cash flow to $169/mo at $125,000. This is a tight-spread property, income covers debt, with little cushion. For investors who can optimise occupancy, the upside is real: 5% annual appreciation adds $34,535 by year five, and $1,151/yr in loan paydown builds equity. Ziffy Mortgage qualifies this via DSCR (1.78) without U.S. income documentation. Total projected return: $58,591.
| This Property | National Avg | |
|---|---|---|
| Gross Rental Yield | 9.6% | 6.2% |
| Monthly Cash Flow | $169 | $180 |
National averages based on 2024–2025 U.S. residential rental market data. Content is user-generated and unverified.
DSCR Loan Qualification
| Monthly Rental Income | $999 |
| Total Monthly Debt Service | $780 |
| DSCR Ratio | 1.28x |
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 1943
1,306 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 32323, Lanark Village, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 292 (100%) |
| Owner Occupied HU | 90 (30.8%) |
| Renter Occupied HU | 25 ( 8.6%) |
| Vacant Housing Units | 177 (60.6%) |
| Median Home Value | $290,909 |
| Average Home Value | $417,222 |
Housing Distribution
Address Breakdown
Residential
90
Single Family
0
Multi-Family
0
Businesses
8
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 1943
1,306 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 32323, Lanark Village, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 292 (100%) |
| Owner Occupied HU | 90 (30.8%) |
| Renter Occupied HU | 25 ( 8.6%) |
| Vacant Housing Units | 177 (60.6%) |
| Median Home Value | $290,909 |
| Average Home Value | $417,222 |
Housing Distribution
Address Breakdown
Residential
90
Single Family
0
Multi-Family
0
Businesses
8
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Cynthia Miller • Xcellence Realty Inc.
Mls Name: Forgotten Coast Realtor Association
Mls Provider:
Mls ID: #320044
Disclaimer: Property information provided by the RAFGC MLS a service of the REALTOR Association of Franklin & Gulf Counties. IDX information is provided exclusively for consumers personal, non-commercial use, and that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing, and that data is deemed reliable but is not guaranteed accurate by the MLS.