255 SE 4th AveSouth BayFL33493
INVESTMENT ANALYSIS
Investment Verdict
Strong Cash FlowThe yield at 255 SE 4th Ave, South Bay, FL, 33493 in South Bay speaks for itself: 20.82% gross on a $155,000 price, generating $2,689/mo in rent and $1,661/mo in net income after the $697/mo debt service. DSCR 3.86, a wide margin that supports Ziffy Mortgage's DSCR loan without any personal income check. Annual cash flow of $19,927 stacks alongside $42,824 in projected five-year appreciation and $1,428/yr in principal reduction. Projected total cumulative return: $165,978.
| This Property | National Avg | |
|---|---|---|
| Gross Rental Yield | 20.8% | 6.2% |
| Monthly Cash Flow | $1,661 | $180 |
National averages based on 2024–2025 U.S. residential rental market data. Content is user-generated and unverified.
DSCR Rental Loan Qualification
Qualifies using the property's rental income, not your personal income.
- ✓No W-2, pay stubs, or tax returns needed
- ✓Rental income qualifies you
- ✓Built for real estate investors
| Monthly Rental Income | $2,689 |
| Total Monthly Debt Service | $967 |
| DSCR Ratio | 2.78x |
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 1977
9,147 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 33493, South Bay, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,102 (100%) |
| Owner Occupied HU | 494 (44.8%) |
| Renter Occupied HU | 536 (48.6%) |
| Vacant Housing Units | 72 ( 6.5%) |
| Median Home Value | $109,451 |
| Average Home Value | $156,159 |
Housing Distribution
Address Breakdown
Residential
996
Single Family
855
Multi-Family
141
Businesses
94
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 1977
9,147 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 33493, South Bay, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,102 (100%) |
| Owner Occupied HU | 494 (44.8%) |
| Renter Occupied HU | 536 (48.6%) |
| Vacant Housing Units | 72 ( 6.5%) |
| Median Home Value | $109,451 |
| Average Home Value | $156,159 |
Housing Distribution
Address Breakdown
Residential
996
Single Family
855
Multi-Family
141
Businesses
94
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices