600 Manatee Ave UNIT 124Holmes BeachFL34217
INVESTMENT ANALYSIS
Investment Verdict
Solid IncomeA DSCR of 1.57 makes 600 Manatee Ave UNIT 124, Holmes Beach, FL, 34217 in Holmes Beach one of the easier properties to finance via Ziffy Mortgage's rental-income underwriting. Rental yield 8.07%. The 8.07% yield, 5% annual appreciation ($110,236 over five years), and $3,675/yr in principal reduction project a total cumulative return of $91,397.
| This Property | National Avg | |
|---|---|---|
| Gross Rental Yield | 8.1% | 6.2% |
| Monthly Cash Flow | $(1,150) | $180 |
National averages based on 2024–2025 U.S. residential rental market data. Content is user-generated and unverified.
DSCR Loan Qualification
| Monthly Rental Income | $2,810 |
| Total Monthly Debt Service | $3,674 |
| DSCR Ratio | 0.76x |
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.
Condo
Built in 1977
5.72 Acres lot
$N/A/sqft
$908 monthly HOA
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
Condo
Built in 1977
5.72 Acres lot
$N/A/sqft
$908 monthly HOA
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Carla Beddow • MIKE NORMAN REALTY INC.
Mls Name: Stellar MLS
Mls Provider:
Mls ID: #A4649520
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