9348 Nichols Lake RdMiltonFL32583
INVESTMENT ANALYSIS
Investment Verdict
Strong Cash FlowThe yield at 9348 Nichols Lake Rd, Milton, FL, 32583 in Milton speaks for itself: 12.86% gross on a $186,000 price, generating $1,993/mo in rent and $712/mo in net income after the $836/mo debt service. DSCR 2.38, a wide margin that supports Ziffy Mortgage's DSCR loan without any personal income check. Annual cash flow of $8,539 stacks alongside $51,388 in projected five-year appreciation and $1,713/yr in principal reduction. Projected total cumulative return: $116,914.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 12.9% | 6.0% |
| Monthly Cash Flow | $712 | $1,200 |
City averages based on Milton market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $1,993 |
| Total Monthly Debt Service | $1,208 |
| 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 2006
2.37 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
Manufactured
Built in 2006
2.37 Acres lot
$N/A/sqft
No HOA
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Todd A Siegrist • LPT Realty LLC
Mls Name: ECAOR
Mls Provider:
Mls ID: #980548
Disclaimer: IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed. Member number: 28189