7014 162nd Place East Pl EParrishFL34219
INVESTMENT ANALYSIS
Investment Verdict
Solid IncomeInvestors who value predictability will appreciate 7014 162nd Place East Pl E, Parrish, FL, 34219 in Parrish. At $411,577 it earns $3,120/mo in rent and distributes $284/mo to the owner after the $1,851/mo payment, a consistent 9.1% yield. DSCR 1.69 clears Ziffy Mortgage's income-only underwriting standard. Over five years, 5% annual appreciation adds $113,711 in value; $3,791/yr in principal paydown compounds ownership stake. Total projected return: $175,591.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 9.1% | 6.0% |
| Monthly Cash Flow | $284 | $1,500 |
City averages based on Parrish market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $3,120 |
| Total Monthly Debt Service | $2,673 |
| DSCR Ratio | 1.17x |
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 2024
10,001 sqft lot
$N/A/sqft
$105 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 34219, Parrish, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 19,007 (100%) |
| Owner Occupied HU | 16,304 (85.8%) |
| Renter Occupied HU | 1,140 ( 6.0%) |
| Vacant Housing Units | 1,563 ( 8.2%) |
| Median Home Value | $486,744 |
| Average Home Value | $530,938 |
Housing Distribution
Address Breakdown
Residential
16,870
Single Family
15,895
Multi-Family
975
Businesses
418
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 2024
10,001 sqft lot
$N/A/sqft
$105 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 34219, Parrish, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 19,007 (100%) |
| Owner Occupied HU | 16,304 (85.8%) |
| Renter Occupied HU | 1,140 ( 6.0%) |
| Vacant Housing Units | 1,563 ( 8.2%) |
| Median Home Value | $486,744 |
| Average Home Value | $530,938 |
Housing Distribution
Address Breakdown
Residential
16,870
Single Family
15,895
Multi-Family
975
Businesses
418
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Paul DeVitto • ADAMS HOMES REALTY,INC.
Mls Name: Stellar MLS
Mls Provider:
Mls ID: #T3543105
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