708 Lake Dell AveDundeeFL33838
INVESTMENT ANALYSIS
Investment Verdict
Solid IncomeTight but positive: 708 Lake Dell Ave, Dundee, FL, 33838 in Dundee at $380,700 earns $2,719/mo in rent and nets $193/mo after the $1,712/mo payment, a 8.57% yield with limited short-term income headroom. The equity story offsets the thin monthly spread: 5% annual appreciation adds $105,180 over five years. Ziffy Mortgage underwrites this on a 1.59 DSCR without U.S. credit history. With $3,506/yr in principal paydown, total projected return reaches $157,484.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 8.6% | 8.0% |
| Monthly Cash Flow | $193 | $1,500 |
City averages based on Dundee market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $2,719 |
| Total Monthly Debt Service | $2,375 |
| DSCR Ratio | 1.14x |
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
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 33838, Dundee, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,066 (100%) |
| Owner Occupied HU | 1,404 (68.0%) |
| Renter Occupied HU | 359 (17.4%) |
| Vacant Housing Units | 303 (14.7%) |
| Median Home Value | $308,439 |
| Average Home Value | $354,637 |
Housing Distribution
Address Breakdown
Residential
2,058
Single Family
2,047
Multi-Family
11
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
Single Family
Built in 2025
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 33838, Dundee, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,066 (100%) |
| Owner Occupied HU | 1,404 (68.0%) |
| Renter Occupied HU | 359 (17.4%) |
| Vacant Housing Units | 303 (14.7%) |
| Median Home Value | $308,439 |
| Average Home Value | $354,637 |
Housing Distribution
Address Breakdown
Residential
2,058
Single Family
2,047
Multi-Family
11
Businesses
258
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
