5645 CARIBBEAN CircleKeystone HeightsFL32656
INVESTMENT ANALYSIS
Investment Verdict
Strong Cash FlowThe yield at 5645 CARIBBEAN Circle, Keystone Heights, FL, 32656 in Keystone Heights speaks for itself: 10.86% gross on a $219,900 price, generating $1,990/mo in rent and $530/mo in net income after the $989/mo debt service. DSCR 2.01, a wide margin that supports Ziffy Mortgage's DSCR loan without any personal income check. Annual cash flow of $6,364 stacks alongside $60,754 in projected five-year appreciation and $2,025/yr in principal reduction. Projected total cumulative return: $118,013.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 10.9% | 6.0% |
| Monthly Cash Flow | $530 | $300 |
City averages based on Keystone Heights market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $1,990 |
| Total Monthly Debt Service | $1,372 |
| DSCR Ratio | 1.45x |
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 2024
1.17 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 32656, Keystone Heights, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 7,015 (100%) |
| Owner Occupied HU | 5,099 (72.7%) |
| Renter Occupied HU | 1,009 (14.4%) |
| Vacant Housing Units | 907 (12.9%) |
| Median Home Value | $306,976 |
| Average Home Value | $337,623 |
Housing Distribution
Address Breakdown
Residential
6,367
Single Family
6,349
Multi-Family
18
Businesses
338
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 2024
1.17 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 32656, Keystone Heights, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 7,015 (100%) |
| Owner Occupied HU | 5,099 (72.7%) |
| Renter Occupied HU | 1,009 (14.4%) |
| Vacant Housing Units | 907 (12.9%) |
| Median Home Value | $306,976 |
| Average Home Value | $337,623 |
Housing Distribution
Address Breakdown
Residential
6,367
Single Family
6,349
Multi-Family
18
Businesses
338
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices