405 E Circlewood StInvernessFL34452
INVESTMENT ANALYSIS
Investment Verdict
Strong Cash FlowThe yield at 405 E Circlewood St, Inverness, FL, 34452 in Inverness speaks for itself: 10.93% gross on a $215,900 price, generating $1,966/mo in rent and $533/mo in net income after the $971/mo debt service. DSCR 2.02, a wide margin that supports Ziffy Mortgage's DSCR loan without any personal income check. Annual cash flow of $6,394 stacks alongside $59,649 in projected five-year appreciation and $1,988/yr in principal reduction. Projected total cumulative return: $116,592.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 10.9% | 7.0% |
| Monthly Cash Flow | $533 | $250 |
City averages based on Inverness market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $1,966 |
| Total Monthly Debt Service | $1,347 |
| DSCR Ratio | 1.46x |
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 1984
6,144 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 34452, Inverness, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 6,354 (100%) |
| Owner Occupied HU | 4,720 (74.3%) |
| Renter Occupied HU | 1,061 (16.7%) |
| Vacant Housing Units | 573 ( 9.0%) |
| Median Home Value | $249,839 |
| Average Home Value | $358,011 |
Housing Distribution
Address Breakdown
Residential
5,870
Single Family
5,839
Multi-Family
31
Businesses
143
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 1984
6,144 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 34452, Inverness, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 6,354 (100%) |
| Owner Occupied HU | 4,720 (74.3%) |
| Renter Occupied HU | 1,061 (16.7%) |
| Vacant Housing Units | 573 ( 9.0%) |
| Median Home Value | $249,839 |
| Average Home Value | $358,011 |
Housing Distribution
Address Breakdown
Residential
5,870
Single Family
5,839
Multi-Family
31
Businesses
143
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices