426 N Turkey Pine LoopLecantoFL34461
INVESTMENT ANALYSIS
Investment Verdict
Solid IncomeSolid fundamentals define the investment case at 426 N Turkey Pine Loop, Lecanto, FL, 34461 in Lecanto: $2,598/mo in rent, $345/mo in net income, 9.18% gross yield, 1.70 DSCR, all at $339,500. Ziffy Mortgage's DSCR mortgage qualifies using the property's income alone, clearing approval without U.S. residency or credit. Five-year equity from $93,798 in appreciation and $3,127/yr in principal paydown projects total cumulative return of $151,575.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 9.2% | 6.5% |
| Monthly Cash Flow | $345 | $250 |
City averages based on Lecanto market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $2,598 |
| Total Monthly Debt Service | $2,118 |
| DSCR Ratio | 1.23x |
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 1992
0.26 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 34461, Lecanto, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 5,511 (100%) |
| Owner Occupied HU | 4,308 (78.2%) |
| Renter Occupied HU | 663 (12.0%) |
| Vacant Housing Units | 540 ( 9.8%) |
| Median Home Value | $333,631 |
| Average Home Value | $379,618 |
Housing Distribution
Address Breakdown
Residential
5,214
Single Family
4,830
Multi-Family
384
Businesses
380
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 1992
0.26 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 34461, Lecanto, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 5,511 (100%) |
| Owner Occupied HU | 4,308 (78.2%) |
| Renter Occupied HU | 663 (12.0%) |
| Vacant Housing Units | 540 ( 9.8%) |
| Median Home Value | $333,631 |
| Average Home Value | $379,618 |
Housing Distribution
Address Breakdown
Residential
5,214
Single Family
4,830
Multi-Family
384
Businesses
380
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Frances Meyer • REMAX Marketing Specialists
Mls Name: HCMLS
Mls Provider:
Mls ID: #2253089
Disclaimer: This information is provided exclusively for consumers personal, non-commercial use, and it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. This data is deemed reliable but is not guaranteed accurate by the MLS.