4212 126th St W APT 409CortezFL34215
INVESTMENT ANALYSIS
Investment Verdict
Strong Cash FlowTight but positive: 4212 126th St W APT 409, Cortez, FL, 34215 in Cortez at $529,000 earns $4,680/mo in rent and nets $60/mo after the $2,379/mo payment, a 10.62% yield with limited short-term income headroom. The equity story offsets the thin monthly spread: 5% annual appreciation adds $146,153 over five years. Ziffy Mortgage underwrites this on a 1.97 DSCR without U.S. credit history. With $4,872/yr in principal paydown, total projected return reaches $276,862.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 10.6% | 6.0% |
| Monthly Cash Flow | $60 | $1,200 |
City averages based on Cortez market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $4,680 |
| Total Monthly Debt Service | $3,300 |
| DSCR Ratio | 1.42x |
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.
Condo
Built in 1989
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 34215, Cortez, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 643 (100%) |
| Owner Occupied HU | 322 (50.1%) |
| Renter Occupied HU | 91 (14.2%) |
| Vacant Housing Units | 230 (35.8%) |
| Median Home Value | $632,212 |
| Average Home Value | $647,182 |
Housing Distribution
Address Breakdown
Residential
323
Single Family
250
Multi-Family
73
Businesses
67
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
Condo
Built in 1989
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 34215, Cortez, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 643 (100%) |
| Owner Occupied HU | 322 (50.1%) |
| Renter Occupied HU | 91 (14.2%) |
| Vacant Housing Units | 230 (35.8%) |
| Median Home Value | $632,212 |
| Average Home Value | $647,182 |
Housing Distribution
Address Breakdown
Residential
323
Single Family
250
Multi-Family
73
Businesses
67
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices