705 W Bay St #1 & 2PerryFL32347
INVESTMENT ANALYSIS
Investment Verdict
Strong Cash FlowThe yield at 705 W Bay St #1 & 2, Perry, FL, 32347 in Perry speaks for itself: 10.54% gross on a $389,900 price, generating $3,425/mo in rent and $838/mo in net income after the $1,848/mo debt service. DSCR 1.85, a wide margin that supports Ziffy Mortgage's DSCR loan without any personal income check. Annual cash flow of $10,051 stacks alongside $107,722 in projected five-year appreciation and $3,269/yr in principal reduction. Projected total cumulative return: $195,177.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 10.5% | 8.0% |
| Monthly Cash Flow | $838 | $150 |
City averages based on Perry market data in our database. Property projections are estimates.
DSCR Rental Loan Qualification
Qualifies using the property's rental income, not your personal income.
- ✓No W-2, pay stubs, or tax returns needed
- ✓Rental income qualifies you
- ✓Built for real estate investors
| Monthly Rental Income | $3,425 |
| Total Monthly Debt Service | $2,527 |
| DSCR Ratio | 1.36x |
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 6.5% rate / 30-yr fixed, 25% down, 1% tax, 0.5% insurance. Not a commitment to lend.
Multi Family
Built in N/A
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 32347, Perry, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,536 (100%) |
| Owner Occupied HU | 2,482 (70.2%) |
| Renter Occupied HU | 646 (18.3%) |
| Vacant Housing Units | 408 (11.5%) |
| Median Home Value | $145,985 |
| Average Home Value | $178,457 |
Housing Distribution
Address Breakdown
Residential
3,241
Single Family
3,241
Multi-Family
0
Businesses
258
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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
