40407 W 8th AveUmatillaFL32784
INVESTMENT ANALYSIS
Investment Verdict
Solid IncomeThis Umatilla rental at 40407 W 8th Ave, Umatilla, FL, 32784 sits in the solid-income band: 9.09% gross yield, $2,725/mo rent, $337/mo net after the $1,618/mo debt service, DSCR 1.68. Entry price of $359,900 is well-calibrated for the income it produces. Ziffy Mortgage finances this type of asset on rental income alone, no tax returns, no U.S. credit profile. Projected five-year appreciation of $99,434 and $3,315/yr in principal reduction bring total cumulative return to $158,886.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 9.1% | 9.0% |
| Monthly Cash Flow | $337 | $500 |
City averages based on Umatilla market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $2,725 |
| Total Monthly Debt Service | $2,245 |
| DSCR Ratio | 1.21x |
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 2025
0.29 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 32784, Umatilla, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 5,402 (100%) |
| Owner Occupied HU | 3,715 (68.8%) |
| Renter Occupied HU | 946 (17.5%) |
| Vacant Housing Units | 741 (13.7%) |
| Median Home Value | $387,977 |
| Average Home Value | $412,567 |
Housing Distribution
Address Breakdown
Residential
4,752
Single Family
4,718
Multi-Family
34
Businesses
329
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 2025
0.29 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 32784, Umatilla, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 5,402 (100%) |
| Owner Occupied HU | 3,715 (68.8%) |
| Renter Occupied HU | 946 (17.5%) |
| Vacant Housing Units | 741 (13.7%) |
| Median Home Value | $387,977 |
| Average Home Value | $412,567 |
Housing Distribution
Address Breakdown
Residential
4,752
Single Family
4,718
Multi-Family
34
Businesses
329
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices