393 N Point Rd APT 302OspreyFL34229
INVESTMENT ANALYSIS
Investment Verdict
Strong Cash FlowFinancing efficiency matters for international buyers, and 393 N Point Rd APT 302, Osprey, FL, 34229 in Osprey offers it: the 2.32 DSCR gives Ziffy Mortgage's underwriting team an unusually clean file, no U.S. credit, no personal income required. Rental yield 12.53%. Long-term, 5% appreciation is forecast to add $136,759, and $4,559/yr in principal paydown compounds equity steadily. Projected five-year cumulative return: $177,941.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 12.5% | 6.0% |
| Monthly Cash Flow | $(314) | $1,500 |
City averages based on Osprey market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $5,168 |
| Total Monthly Debt Service | $5,286 |
| DSCR Ratio | 0.98x |
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.
Condo
Built in 2001
N/A lot
$N/A/sqft
$2,136 monthly 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 2001
N/A lot
$N/A/sqft
$2,136 monthly 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