413 Citrus AvePalmdaleFL33944
INVESTMENT ANALYSIS
Investment Verdict
Solid IncomeThis Palmdale rental at 413 Citrus Ave, Palmdale, FL, 33944 sits in the solid-income band: 9.84% gross yield, $1,934/mo rent, $369/mo net after the $1,061/mo debt service, DSCR 1.82. Entry price of $235,900 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 $65,175 and $2,173/yr in principal reduction bring total cumulative return to $113,655.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 9.8% | 6.0% |
| Monthly Cash Flow | $369 | $300 |
City averages based on Palmdale market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $1,934 |
| Total Monthly Debt Service | $1,472 |
| DSCR Ratio | 1.31x |
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.
Manufactured
Built in 2022
0.30 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 33944, Palmdale, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 115 (100%) |
| Owner Occupied HU | 70 (60.9%) |
| Renter Occupied HU | 8 ( 7.0%) |
| Vacant Housing Units | 37 (32.2%) |
| Median Home Value | $84,167 |
| Average Home Value | $295,357 |
Housing Distribution
Address Breakdown
Residential
1
Single Family
1
Multi-Family
0
Businesses
11
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
Manufactured
Built in 2022
0.30 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 33944, Palmdale, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 115 (100%) |
| Owner Occupied HU | 70 (60.9%) |
| Renter Occupied HU | 8 ( 7.0%) |
| Vacant Housing Units | 37 (32.2%) |
| Median Home Value | $84,167 |
| Average Home Value | $295,357 |
Housing Distribution
Address Breakdown
Residential
1
Single Family
1
Multi-Family
0
Businesses
11
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices