709 NE Second AveTrentonFL32693
INVESTMENT ANALYSIS
Investment Verdict
Strong Cash Flow709 NE Second Ave, Trenton, FL, 32693 in Trenton is a solid income-producing rental, 13.59% gross yield, $1,245/mo rent, $473/mo net cash flow on a $109,900 buy. DSCR 2.52 qualifies the property for Ziffy Mortgage's financing without personal income documentation. Five-year appreciation of $30,363 and $1,012/yr in principal reduction project a total cumulative return of $72,592.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 13.6% | 8.0% |
| Monthly Cash Flow | $473 | $300 |
City averages based on Trenton market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $1,245 |
| Total Monthly Debt Service | $728 |
| DSCR Ratio | 1.71x |
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 1966
0.35 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 32693, Trenton, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 5,502 (100%) |
| Owner Occupied HU | 4,081 (74.2%) |
| Renter Occupied HU | 916 (16.6%) |
| Vacant Housing Units | 505 ( 9.2%) |
| Median Home Value | $201,960 |
| Average Home Value | $260,731 |
Housing Distribution
Address Breakdown
Residential
5,088
Single Family
5,064
Multi-Family
24
Businesses
302
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 1966
0.35 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 32693, Trenton, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 5,502 (100%) |
| Owner Occupied HU | 4,081 (74.2%) |
| Renter Occupied HU | 916 (16.6%) |
| Vacant Housing Units | 505 ( 9.2%) |
| Median Home Value | $201,960 |
| Average Home Value | $260,731 |
Housing Distribution
Address Breakdown
Residential
5,088
Single Family
5,064
Multi-Family
24
Businesses
302
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Burgandy Arrington • Hatcher Realty Services, Inc. Trenton
Mls Name: Dixie-Gilchrist Levy Counties BOR
Mls Provider:
Mls ID: #794576
Disclaimer: IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.