7196 Gillespie RdMiltonFL32583
INVESTMENT ANALYSIS
Investment Verdict
Strong Cash FlowThe yield at 7196 Gillespie Rd, Milton, FL, 32583 in Milton speaks for itself: 12.79% gross on a $155,000 price, generating $1,652/mo in rent and $624/mo in net income after the $697/mo debt service. DSCR 2.37, a wide margin that supports Ziffy Mortgage's DSCR loan without any personal income check. Annual cash flow of $7,485 stacks alongside $42,824 in projected five-year appreciation and $1,428/yr in principal reduction. Projected total cumulative return: $99,258.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 12.8% | 6.0% |
| Monthly Cash Flow | $624 | $1,200 |
City averages based on Milton market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $1,652 |
| Total Monthly Debt Service | $967 |
| 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 1943
0.25 Acres lot
$N/A/sqft
No HOA
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 1943
0.25 Acres lot
$N/A/sqft
No HOA
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Samuel Parker • Patriot Realty
Mls Name: PAR
Mls Provider:
Mls ID: #665705
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