Florida Recent DSCR Fundings

Real Investments. Real Results.

Real estate investors in the Sunshine State are turning to DSCR Loans as a strategic tool to expand and manage their investment property portfolios. DSCR loans allow investors to secure financing based on the property's ability to generate income (rather than an investor's individual credit profile). In a market like Florida, where real estate prices have shown steady growth and rental demand remains steady, DSCR loans offer investors a flexible and effective means to acquire new properties, improve existing ones, or refinance their assets. Easy Street Capital is proud to be a leading provider of DSCR loans for Florida real estate investors looking to build rental portfolios! Check out our most recently funded DSCR loans in Florida below:

Multifamily

Gainesville, FL

Loan Amount / $651,000
Rate / 8.750%

Purpose / Acquisition
LTV / 70.0%

$651,000 Florida DSCR Rental Loan for a Cash-Out Refinance of a rental property in Gainesville. The city of Gainesville is home to a plethora of economic opportunity, split between education, retail healthcare. Home to the University of Florida, the property lies just outside the campus, and mere miles from a retail hub.

Condo

Naples, FL

Loan Amount / $213,000
Rate / 8.250%

Purpose / Cash-Out Refinance
LTV / 59.8%

$213,000 Florida DSCR Rental Loan for a Cash-Out Refinance of a rental property in Naples. Located in beautiful southwest Florida this property is only minutes from beaches on the Gulf of Mexico. This property is currently utilized as a long-term rental.

Duplex

Daytona Beach, FL

Loan Amount / $205,800
Rate / 7.625%

Purpose / Acquisition
LTV / 79.8

$205,800 Florida DSCR Rental Loan for an Acquisition of a rental property in Daytona Beach. Located in front of the extensive Ridgewood Avenue, the property is easily integrated with the surrounding amenities that Daytona Beach has to offer. There are several options for shopping, schools, and attractions near the subject. Tenants of the property can thus enjoy the benefits of a suburban community, whether it be from the different golfing sites available to them, a visit to the nearby Daytona International Speedway, or, of course, spending the day at the coveted Daytona Beaches located only minutes away.

PUD

Riverview, FL

Loan Amount / $249,000
Rate / 8.875%

Purpose / Cash-Out Refinance
LTV / 75.0%

$249,000 Florida DSCR Rental Loan for a Cash-Out Refinance of a rental property in Riverview. The contemporary-style home features an attached two-car garage, a covered front entry, a screened-in lanai, and stainless-steel appliances. The housing market in Riverview is great with increasing property values, balanced macroeconomic supply and demand, and homes selling in less than three months’ time on the market.

Single-Family Residence

Apollo Beach , FL

Loan Amount / $217,750
Rate / 8.250%

Purpose / Cash-Out Refinance
LTV / 75.0%

$217,750 Florida DSCR Rental Loan for a Cash-Out Refinance of a rental property in Apollo Beach. This property was recently renovated including a full remodel of the kitchen and bathrooms, repaved driveway, new HVAC and plumbing, along with fresh pain throughout the property. The housing market in Apollo Beach is good with stable property values, balanced macroeconomic supply and demand, and homes selling in less than three months’ time on the market

Single-Family Residence

Orlando, FL

Loan Amount / $381,750
Rate / 8.375%

Purpose / Cash-Out Refinance
LTV / 75.0%

$381,750 Florida DSCR Rental Loan for a Cash-Out Refinance of a rental property in Orlando. This property features a large backyard with an inground swimming pool, which is perfect for escaping the Florida heat. Located in the Rio Pinar West neighborhood, several schools, retail areas, and recreational centers are within two miles. Orlando is a bustling hub for students, families, and professionals due to its exceptional school system, strong job market, and endless attractions across the city.

Condo

Saint Petersburg, FL

Loan Amount / $123,000
Rate / 8.750%

Purpose / Acquisition
LTV / 60.0%

$123,000 Florida DSCR Rental Loan for an Acquisition of a rental property in Saint Petersburg. The two-bed, one-bath condominium is completely turnkey, it features a recently remodeled kitchen and bathroom. The property is located in the heart of St. Petersburg, surrounded by grocery stores, restaurants, and other shopping attractions. Additionally, it is only a 15-minute walk to St. Petersburg’s renowned beaches.

Single-Family Residence

Vero Beach, FL

Loan Amount / $1,105,000
Rate / 8.875%

Purpose / Cash-Out Refinance
LTV / 58.2%

$1,105,000 Florida DSCR Rental Loan for a Cash-Out Refinance of a rental property in Vero Beach. This trophy vacation property features a sizable in-ground pool and surrounding patio, first-story and second-story balconies, and a screened-in porch. Outside the house, the property includes an oversized driveway with room for up to five cars in the front and a three-car garage in the rear. Vero Beach is about equal distance from West Palm Beach and Orlando and is on the eastern front of the Florida panhandle, making it an excellent spot for long-term beach-loving tenants with medical, recreational, and professional amenities.

Single-Family Residence

Winter Garden, FL

Loan Amount / $150,000
Rate / 8.375%

Purpose / Cash-Out Refinance
LTV / 49.0%

$150,000 Florida DSCR Rental Loan for a Cash-Out Refinance for a rental property in Winter Garden. This residence contains three bedrooms and one bathroom and features a garage, an updated kitchen and bathrooms, and more. It is located near many restaurants, schools, shopping, trails, parks, and more. Winter Garden is located only 14 miles west of downtown Orlando which is best known for Disney World, Universal Studios, the warm climate, golf courses, and more.

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