8460 Gateway CtEnglewoodFL34224
INVESTMENT ANALYSIS
Investment Verdict
Solid IncomeThis is a cash-flow-light asset: 8460 Gateway Ct, Englewood, FL, 34224 in Englewood, $349,500, 9.81% gross yield, $113/mo net income. Consider it a market-entry position, the $2,856/mo rent covers the $1,572/mo payment with a margin, and 5%/yr appreciation is projected to add $96,560 to the asset's value over five years. Ziffy Mortgage approves DSCR loans (coverage 1.82) for non-U.S. residents without domestic income documentation. Consider a higher down payment to widen the monthly margin. Total projected return: $142,295.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 9.8% | 6.0% |
| Monthly Cash Flow | $113 | $250 |
City averages based on Englewood market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $2,856 |
| Total Monthly Debt Service | $2,604 |
| DSCR Ratio | 1.10x |
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 2004
5,739 sqft lot
$N/A/sqft
$335 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 34224, Englewood, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 11,443 (100%) |
| Owner Occupied HU | 7,238 (63.3%) |
| Renter Occupied HU | 1,486 (13.0%) |
| Vacant Housing Units | 2,719 (23.8%) |
| Median Home Value | $365,183 |
| Average Home Value | $399,158 |
Housing Distribution
Address Breakdown
Residential
10,796
Single Family
9,338
Multi-Family
1,458
Businesses
527
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 2004
5,739 sqft lot
$N/A/sqft
$335 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 34224, Englewood, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 11,443 (100%) |
| Owner Occupied HU | 7,238 (63.3%) |
| Renter Occupied HU | 1,486 (13.0%) |
| Vacant Housing Units | 2,719 (23.8%) |
| Median Home Value | $365,183 |
| Average Home Value | $399,158 |
Housing Distribution
Address Breakdown
Residential
10,796
Single Family
9,338
Multi-Family
1,458
Businesses
527
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Carla Stiver, PA • RE/MAX ALLIANCE GROUP
Mls Name: Stellar MLS
Mls Provider:
Mls ID: #D6144737
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