9966 SW 62nd TerOcalaFL34476
INVESTMENT ANALYSIS
Investment Verdict
Strong Cash FlowThis Ocala rental at 9966 SW 62nd Ter, Ocala, FL, 34476 sits in the solid-income band: 11.25% gross yield, $2,165/mo rent, $311/mo net after the $1,039/mo debt service, DSCR 2.08. Entry price of $231,000 is well-calibrated for the income it produces. Ziffy Mortgage finances this type of asset on rental income alone, no tax returns, no U.S. credit profile. Projected five-year appreciation of $63,821 and $2,128/yr in principal reduction bring total cumulative return to $109,442.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 11.3% | 8.2% |
| Monthly Cash Flow | $311 | $425 |
City averages based on Ocala market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $2,165 |
| Total Monthly Debt Service | $1,762 |
| DSCR Ratio | 1.23x |
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 2000
8,712 sqft lot
$N/A/sqft
$321 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 34476, Ocala, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 15,128 (100%) |
| Owner Occupied HU | 12,537 (82.9%) |
| Renter Occupied HU | 1,584 (10.5%) |
| Vacant Housing Units | 1,007 ( 6.7%) |
| Median Home Value | $330,575 |
| Average Home Value | $348,208 |
Housing Distribution
Address Breakdown
Residential
13,956
Single Family
13,483
Multi-Family
473
Businesses
238
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 2000
8,712 sqft lot
$N/A/sqft
$321 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 34476, Ocala, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 15,128 (100%) |
| Owner Occupied HU | 12,537 (82.9%) |
| Renter Occupied HU | 1,584 (10.5%) |
| Vacant Housing Units | 1,007 ( 6.7%) |
| Median Home Value | $330,575 |
| Average Home Value | $348,208 |
Housing Distribution
Address Breakdown
Residential
13,956
Single Family
13,483
Multi-Family
473
Businesses
238
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Shauna Pengelley • Keller Williams Cornerstone RE
Mls Name: Realtors Association of Citrus County
Mls Provider:
Mls ID: #839247
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.