43721 State Road 19AltoonaFL32702
INVESTMENT ANALYSIS
Investment Verdict
Solid Income43721 State Road 19, Altoona, FL, 32702 in Altoona earns a respectable 9.08% gross yield at $119,990, but after the $540/mo mortgage the net cash flow is $112/mo, a tight but positive spread. Expense discipline (vacancy, management, maintenance) will determine whether the margin widens. Ziffy Mortgage's DSCR mortgage (1.75) still qualifies on property income; a larger down payment can improve the cash-flow buffer. Long-term, 5% appreciation projects $33,151 over five years, making equity the dominant return driver. Total projected return: $55,458.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 9.1% | 6.0% |
| Monthly Cash Flow | $112 | $1,200 |
City averages based on Altoona market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $947 |
| Total Monthly Debt Service | $749 |
| DSCR Ratio | 1.27x |
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 1950
9,000 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 32702, Altoona, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,807 (100%) |
| Owner Occupied HU | 1,006 (55.7%) |
| Renter Occupied HU | 441 (24.4%) |
| Vacant Housing Units | 360 (19.9%) |
| Median Home Value | $178,846 |
| Average Home Value | $289,592 |
Housing Distribution
Address Breakdown
Residential
1,435
Single Family
1,240
Multi-Family
195
Businesses
92
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 1950
9,000 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 32702, Altoona, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,807 (100%) |
| Owner Occupied HU | 1,006 (55.7%) |
| Renter Occupied HU | 441 (24.4%) |
| Vacant Housing Units | 360 (19.9%) |
| Median Home Value | $178,846 |
| Average Home Value | $289,592 |
Housing Distribution
Address Breakdown
Residential
1,435
Single Family
1,240
Multi-Family
195
Businesses
92
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Melchire St. Ville • KARIZA CAPITAL REALTY, LLC
Mls Name: Stellar MLS
Mls Provider:
Mls ID: #V4943075
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