Sorrento Ave #62SorrentoFL32776
INVESTMENT ANALYSIS
Investment Verdict
Strong Cash FlowDay-one income is the story at Sorrento Ave #62, Sorrento, FL, 32776 in Sorrento. Priced at $100,000, it generates $4,070/mo in gross rent and $3,407/mo in net monthly cash flow, a 48.84% yield that comfortably supports the 9.04 DSCR needed for Ziffy Mortgage's no-W2 DSCR mortgage. Projected annual cash flow: $40,881. Five-year appreciation: $27,628. Equity from principal paydown: $921/yr. Total projected cumulative return: $257,285.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 48.8% | 6.0% |
| Monthly Cash Flow | $3,407 | $300 |
City averages based on Sorrento market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $4,070 |
| Total Monthly Debt Service | $624 |
| DSCR Ratio | 6.52x |
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.
Lot
Built in N/A
0.41 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 32776, Sorrento, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 4,987 (100%) |
| Owner Occupied HU | 4,160 (83.4%) |
| Renter Occupied HU | 613 (12.3%) |
| Vacant Housing Units | 214 ( 4.3%) |
| Median Home Value | $431,899 |
| Average Home Value | $523,786 |
Housing Distribution
Address Breakdown
Residential
4,866
Single Family
4,866
Multi-Family
0
Businesses
275
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
Lot
Built in N/A
0.41 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 32776, Sorrento, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 4,987 (100%) |
| Owner Occupied HU | 4,160 (83.4%) |
| Renter Occupied HU | 613 (12.3%) |
| Vacant Housing Units | 214 ( 4.3%) |
| Median Home Value | $431,899 |
| Average Home Value | $523,786 |
Housing Distribution
Address Breakdown
Residential
4,866
Single Family
4,866
Multi-Family
0
Businesses
275
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices