4011 Bannock AveTavaresFL32778
INVESTMENT ANALYSIS
Investment Verdict
Strong Cash FlowThe yield at 4011 Bannock Ave, Tavares, FL, 32778 in Tavares speaks for itself: 13.05% gross on a $495,348 price, generating $5,386/mo in rent and $1,986/mo in net income after the $2,227/mo debt service. DSCR 2.42, a wide margin that supports Ziffy Mortgage's DSCR loan without any personal income check. Annual cash flow of $23,837 stacks alongside $136,856 in projected five-year appreciation and $4,562/yr in principal reduction. Projected total cumulative return: $317,207.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 13.1% | 6.5% |
| Monthly Cash Flow | $1,986 | $400 |
City averages based on Tavares market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $5,386 |
| Total Monthly Debt Service | $3,202 |
| DSCR Ratio | 1.68x |
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 2024
6,599 sqft lot
$N/A/sqft
$112 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 32778, Tavares, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 13,282 (100%) |
| Owner Occupied HU | 9,028 (68.0%) |
| Renter Occupied HU | 2,520 (19.0%) |
| Vacant Housing Units | 1,734 (13.1%) |
| Median Home Value | $290,642 |
| Average Home Value | $332,532 |
Housing Distribution
Address Breakdown
Residential
12,348
Single Family
10,449
Multi-Family
1,899
Businesses
945
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 2024
6,599 sqft lot
$N/A/sqft
$112 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 32778, Tavares, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 13,282 (100%) |
| Owner Occupied HU | 9,028 (68.0%) |
| Renter Occupied HU | 2,520 (19.0%) |
| Vacant Housing Units | 1,734 (13.1%) |
| Median Home Value | $290,642 |
| Average Home Value | $332,532 |
Housing Distribution
Address Breakdown
Residential
12,348
Single Family
10,449
Multi-Family
1,899
Businesses
945
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices