838 NW 124th StCitraFL32113
INVESTMENT ANALYSIS
Investment Verdict
Strong Cash FlowThe yield at 838 NW 124th St, Citra, FL, 32113 in Citra speaks for itself: 11.11% gross on a $229,500 price, generating $2,125/mo in rent and $602/mo in net income after the $1,032/mo debt service. DSCR 2.06, a wide margin that supports Ziffy Mortgage's DSCR loan without any personal income check. Annual cash flow of $7,226 stacks alongside $63,407 in projected five-year appreciation and $2,114/yr in principal reduction. Projected total cumulative return: $126,230.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 11.1% | 7.0% |
| Monthly Cash Flow | $602 | $250 |
City averages based on Citra market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $2,125 |
| Total Monthly Debt Service | $1,432 |
| DSCR Ratio | 1.48x |
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 2024
0.39 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 32113, Citra, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,113 (100%) |
| Owner Occupied HU | 2,105 (67.6%) |
| Renter Occupied HU | 440 (14.1%) |
| Vacant Housing Units | 568 (18.2%) |
| Median Home Value | $209,211 |
| Average Home Value | $263,233 |
Housing Distribution
Address Breakdown
Residential
2,759
Single Family
2,759
Multi-Family
0
Businesses
108
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 2024
0.39 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 32113, Citra, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,113 (100%) |
| Owner Occupied HU | 2,105 (67.6%) |
| Renter Occupied HU | 440 (14.1%) |
| Vacant Housing Units | 568 (18.2%) |
| Median Home Value | $209,211 |
| Average Home Value | $263,233 |
Housing Distribution
Address Breakdown
Residential
2,759
Single Family
2,759
Multi-Family
0
Businesses
108
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices