398 SE 271st StCross CityFL32628
INVESTMENT ANALYSIS
Investment Verdict
Strong Cash FlowInvestors who value predictability will appreciate 398 SE 271st St, Cross City, FL, 32628 in Cross City. At $164,900 it earns $1,589/mo in rent and distributes $495/mo to the owner after the $741/mo payment, a consistent 11.56% yield. DSCR 2.14 clears Ziffy Mortgage's income-only underwriting standard. Over five years, 5% annual appreciation adds $45,559 in value; $1,519/yr in principal paydown compounds ownership stake. Total projected return: $94,721.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 11.6% | 7.0% |
| Monthly Cash Flow | $495 | $1,200 |
City averages based on Cross City market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $1,589 |
| Total Monthly Debt Service | $1,029 |
| DSCR Ratio | 1.54x |
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 1965
0.41 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 32628, Cross City, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,658 (100%) |
| Owner Occupied HU | 958 (57.8%) |
| Renter Occupied HU | 395 (23.8%) |
| Vacant Housing Units | 305 (18.4%) |
| Median Home Value | $106,132 |
| Average Home Value | $139,982 |
Housing Distribution
Address Breakdown
Residential
1,032
Single Family
999
Multi-Family
33
Businesses
174
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 1965
0.41 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 32628, Cross City, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,658 (100%) |
| Owner Occupied HU | 958 (57.8%) |
| Renter Occupied HU | 395 (23.8%) |
| Vacant Housing Units | 305 (18.4%) |
| Median Home Value | $106,132 |
| Average Home Value | $139,982 |
Housing Distribution
Address Breakdown
Residential
1,032
Single Family
999
Multi-Family
33
Businesses
174
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Kim Lander • United Country Smith & Associates Trenton
Mls Name: Dixie-Gilchrist Levy Counties BOR
Mls Provider:
Mls ID: #792463
Disclaimer: IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.