4503 Grandview Glen DrAuburndaleFL33823
INVESTMENT ANALYSIS
Investment Verdict
Solid Income4503 Grandview Glen Dr, Auburndale, FL, 33823 in Auburndale carries a 1.51 coverage ratio, rent of $3,078/mo is 1.51 times the $2,035/mo payment. Rental yield 8.16%. That margin gives both the investor and Ziffy Mortgage's DSCR underwriting a comfortable buffer at a $452,500 acquisition price. No U.S. credit or income documentation required. Five-year appreciation adds $125,017; total projected cumulative return: $161,621.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 8.2% | 6.5% |
| Monthly Cash Flow | $(186) | $300 |
City averages based on Auburndale market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $3,078 |
| Total Monthly Debt Service | $3,084 |
| DSCR Ratio | 1.00x |
Ziffy Mortgage typically prefers a DSCR of 1.0+, but in some cases you may qualify with a DSCR below 1. To explore if this deal qualifies for an investment mortgage, 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 2022
9,653 sqft lot
$N/A/sqft
$197 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 33823, Auburndale, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 16,100 (100%) |
| Owner Occupied HU | 10,984 (68.2%) |
| Renter Occupied HU | 3,630 (22.5%) |
| Vacant Housing Units | 1,486 ( 9.2%) |
| Median Home Value | $317,933 |
| Average Home Value | $323,289 |
Housing Distribution
Address Breakdown
Residential
15,339
Single Family
15,047
Multi-Family
292
Businesses
969
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 2022
9,653 sqft lot
$N/A/sqft
$197 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 33823, Auburndale, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 16,100 (100%) |
| Owner Occupied HU | 10,984 (68.2%) |
| Renter Occupied HU | 3,630 (22.5%) |
| Vacant Housing Units | 1,486 ( 9.2%) |
| Median Home Value | $317,933 |
| Average Home Value | $323,289 |
Housing Distribution
Address Breakdown
Residential
15,339
Single Family
15,047
Multi-Family
292
Businesses
969
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices