9 Oak LnShalimarFL32579
INVESTMENT ANALYSIS
Investment Verdict
Solid IncomeTight but positive: 9 Oak Ln, Shalimar, FL, 32579 in Shalimar at $310,000 earns $2,131/mo in rent and nets $74/mo after the $1,394/mo payment, a 8.25% yield with limited short-term income headroom. The equity story offsets the thin monthly spread: 5% annual appreciation adds $85,647 over five years. Ziffy Mortgage underwrites this on a 1.53 DSCR without U.S. credit history. With $2,855/yr in principal paydown, total projected return reaches $122,952.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 8.3% | 5.5% |
| Monthly Cash Flow | $74 | $1,500 |
City averages based on Shalimar market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $2,131 |
| Total Monthly Debt Service | $1,934 |
| 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 1971
7,405 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 32579, Shalimar, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 4,871 (100%) |
| Owner Occupied HU | 3,192 (65.5%) |
| Renter Occupied HU | 1,384 (28.4%) |
| Vacant Housing Units | 295 ( 6.1%) |
| Median Home Value | $499,269 |
| Average Home Value | $603,446 |
Housing Distribution
Address Breakdown
Residential
4,903
Single Family
4,280
Multi-Family
623
Businesses
321
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 1971
7,405 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 32579, Shalimar, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 4,871 (100%) |
| Owner Occupied HU | 3,192 (65.5%) |
| Renter Occupied HU | 1,384 (28.4%) |
| Vacant Housing Units | 295 ( 6.1%) |
| Median Home Value | $499,269 |
| Average Home Value | $603,446 |
Housing Distribution
Address Breakdown
Residential
4,903
Single Family
4,280
Multi-Family
623
Businesses
321
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices