704 Caribbran DrMulberryFL33860
INVESTMENT ANALYSIS
Investment Verdict
Solid IncomeThis Mulberry rental at 704 Caribbran Dr, Mulberry, FL, 33860 sits in the solid-income band: 9.06% gross yield, $2,860/mo rent, $271/mo net after the $1,703/mo debt service, DSCR 1.68. Entry price of $378,744 is well-calibrated for the income it produces. Ziffy Mortgage finances this type of asset on rental income alone, no tax returns, no U.S. credit profile. Projected five-year appreciation of $104,640 and $3,488/yr in principal reduction bring total cumulative return to $166,694.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 9.1% | 6.5% |
| Monthly Cash Flow | $271 | $300 |
City averages based on Mulberry market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $2,860 |
| Total Monthly Debt Service | $2,363 |
| 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 2025
6,708 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 33860, Mulberry, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 9,480 (100%) |
| Owner Occupied HU | 6,718 (70.9%) |
| Renter Occupied HU | 2,110 (22.3%) |
| Vacant Housing Units | 652 ( 6.9%) |
| Median Home Value | $267,254 |
| Average Home Value | $277,206 |
Housing Distribution
Address Breakdown
Residential
9,115
Single Family
8,823
Multi-Family
292
Businesses
474
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 2025
6,708 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 33860, Mulberry, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 9,480 (100%) |
| Owner Occupied HU | 6,718 (70.9%) |
| Renter Occupied HU | 2,110 (22.3%) |
| Vacant Housing Units | 652 ( 6.9%) |
| Median Home Value | $267,254 |
| Average Home Value | $277,206 |
Housing Distribution
Address Breakdown
Residential
9,115
Single Family
8,823
Multi-Family
292
Businesses
474
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices