7508 COUNTY RD 231Lake ButlerFL32054
INVESTMENT ANALYSIS
Investment Verdict
Strong Cash FlowThe yield at 7508 COUNTY RD 231, Lake Butler, FL, 32054 in Lake Butler speaks for itself: 12.38% gross on a $189,999 price, generating $1,961/mo in rent and $700/mo in net income after the $854/mo debt service. DSCR 2.30, a wide margin that supports Ziffy Mortgage's DSCR loan without any personal income check. Annual cash flow of $8,399 stacks alongside $52,493 in projected five-year appreciation and $1,750/yr in principal reduction. Projected total cumulative return: $117,543.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 12.4% | 6.0% |
| Monthly Cash Flow | $700 | $300 |
City averages based on Lake Butler market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $1,961 |
| Total Monthly Debt Service | $1,185 |
| DSCR Ratio | 1.65x |
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.
Manufactured
Built in 2012
1.16 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 32054, Lake Butler, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 4,502 (100%) |
| Owner Occupied HU | 3,061 (68.0%) |
| Renter Occupied HU | 1,018 (22.6%) |
| Vacant Housing Units | 423 ( 9.4%) |
| Median Home Value | $231,234 |
| Average Home Value | $264,027 |
Housing Distribution
Address Breakdown
Residential
4,047
Single Family
4,004
Multi-Family
43
Businesses
233
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
Manufactured
Built in 2012
1.16 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 32054, Lake Butler, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 4,502 (100%) |
| Owner Occupied HU | 3,061 (68.0%) |
| Renter Occupied HU | 1,018 (22.6%) |
| Vacant Housing Units | 423 ( 9.4%) |
| Median Home Value | $231,234 |
| Average Home Value | $264,027 |
Housing Distribution
Address Breakdown
Residential
4,047
Single Family
4,004
Multi-Family
43
Businesses
233
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices