505 Suwannee AveLive OakFL32064
INVESTMENT ANALYSIS
Investment Verdict
Solid IncomeThis is a cash-flow-light asset: 505 Suwannee Ave, Live Oak, FL, 32064 in Live Oak, $169,000, 9.03% gross yield, $150/mo net income. Consider it a market-entry position, the $1,272/mo rent covers the $760/mo payment with a margin, and 5%/yr appreciation is projected to add $46,692 to the asset's value over five years. Ziffy Mortgage approves DSCR loans (coverage 1.67) for non-U.S. residents without domestic income documentation. Consider a higher down payment to widen the monthly margin. Total projected return: $74,119.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 9% | 6.5% |
| Monthly Cash Flow | $150 | $400 |
City averages based on Live Oak market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $1,272 |
| Total Monthly Debt Service | $1,054 |
| DSCR Ratio | 1.21x |
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 1951
9,583 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 32064, Live Oak, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,323 (100%) |
| Owner Occupied HU | 1,678 (50.5%) |
| Renter Occupied HU | 1,239 (37.3%) |
| Vacant Housing Units | 406 (12.2%) |
| Median Home Value | $179,538 |
| Average Home Value | $190,061 |
Housing Distribution
Address Breakdown
Residential
2,556
Single Family
2,390
Multi-Family
166
Businesses
635
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 1951
9,583 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 32064, Live Oak, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,323 (100%) |
| Owner Occupied HU | 1,678 (50.5%) |
| Renter Occupied HU | 1,239 (37.3%) |
| Vacant Housing Units | 406 (12.2%) |
| Median Home Value | $179,538 |
| Average Home Value | $190,061 |
Housing Distribution
Address Breakdown
Residential
2,556
Single Family
2,390
Multi-Family
166
Businesses
635
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Glenda McCall • POOLE REALTY INC.
Mls Name: NFMLS
Mls Provider:
Mls ID: #128325
Disclaimer: IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.