5220 Basco Ct #435ElktonFL32033
INVESTMENT ANALYSIS
Investment Verdict
Strong Cash FlowThe yield at 5220 Basco Ct #435, Elkton, FL, 32033 in Elkton speaks for itself: 18.9% gross on a $155,000 price, generating $2,441/mo in rent and $1,412/mo in net income after the $697/mo debt service. DSCR 3.50, a wide margin that supports Ziffy Mortgage's DSCR loan without any personal income check. Annual cash flow of $16,946 stacks alongside $42,824 in projected five-year appreciation and $1,428/yr in principal reduction. Projected total cumulative return: $150,006.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 18.9% | 6.0% |
| Monthly Cash Flow | $1,412 | $1,600 |
City averages based on Elkton market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $2,441 |
| Total Monthly Debt Service | $967 |
| DSCR Ratio | 2.52x |
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.
Manufactured
Built in 2005
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 32033, Elkton, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,176 (100%) |
| Owner Occupied HU | 1,751 (80.5%) |
| Renter Occupied HU | 258 (11.9%) |
| Vacant Housing Units | 167 ( 7.7%) |
| Median Home Value | $383,380 |
| Average Home Value | $421,982 |
Housing Distribution
Address Breakdown
Residential
2,218
Single Family
2,218
Multi-Family
0
Businesses
97
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
Manufactured
Built in 2005
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 32033, Elkton, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,176 (100%) |
| Owner Occupied HU | 1,751 (80.5%) |
| Renter Occupied HU | 258 (11.9%) |
| Vacant Housing Units | 167 ( 7.7%) |
| Median Home Value | $383,380 |
| Average Home Value | $421,982 |
Housing Distribution
Address Breakdown
Residential
2,218
Single Family
2,218
Multi-Family
0
Businesses
97
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices