451624 Old Dixie HwyCallahanFL32011
INVESTMENT ANALYSIS
Investment Verdict
Solid IncomeTight but positive: 451624 Old Dixie Hwy, Callahan, FL, 32011 in Callahan at $449,000 earns $3,106/mo in rent and nets $126/mo after the $2,128/mo payment, a 8.3% yield with limited short-term income headroom. The equity story offsets the thin monthly spread: 5% annual appreciation adds $124,050 over five years. Ziffy Mortgage underwrites this on a 1.46 DSCR without U.S. credit history. With $3,764/yr in principal paydown, total projected return reaches $170,837.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 8.3% | 6.0% |
| Monthly Cash Flow | $126 | $1,500 |
City averages based on Callahan market data in our database. Property projections are estimates.
DSCR Rental Loan Qualification
Qualifies using the property's rental income, not your personal income.
- ✓No W-2, pay stubs, or tax returns needed
- ✓Rental income qualifies you
- ✓Built for real estate investors
| Monthly Rental Income | $3,106 |
| Total Monthly Debt Service | $2,910 |
| DSCR Ratio | 1.07x |
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 6.5% rate / 30-yr fixed, 25% down, 1% tax, 0.5% insurance. Not a commitment to lend.
Single Family
Built in N/A
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 32011, Callahan, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 6,371 (100%) |
| Owner Occupied HU | 5,031 (79.0%) |
| Renter Occupied HU | 1,026 (16.1%) |
| Vacant Housing Units | 314 ( 4.9%) |
| Median Home Value | $389,094 |
| Average Home Value | $471,996 |
Housing Distribution
Address Breakdown
Residential
6,170
Single Family
6,142
Multi-Family
28
Businesses
352
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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
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