Recently Funded DSCR Loan In Crestview, Florida

Loan Scenario:

American Heritage Lending funded a $144,000 DSCR purchase loan on an attached PUD in Crestview, Florida, helping an investor add another door to a growing rental holding. The property appraised at $192,000, so the loan closed at 75% loan-to-value on a 30-Year term, keeping leverage measured on a straightforward acquisition in the Florida Panhandle.

DSCR is built for exactly this move: qualification came from the property’s projected rental income, not the borrower’s personal earnings, which keeps an acquisition like this clean and fast. The rent supports the note at a DSCR of 1.033, enough to carry the debt while the investor executes a buy-and-hold strategy in a market with reliable tenant demand. For a purchase, that is the coverage we need to see the property standing on its own from day one.

Crestview anchors Okaloosa County just inland from the Emerald Coast, and its economy revolves around Eglin Air Force Base, one of the largest military installations in the country, along with nearby Duke Field. That steady stream of military families, contractors, and civilian personnel creates constant rental turnover and dependable occupancy. The city also offers a far cheaper cost of living than the Destin and Fort Walton Beach communities a short drive south, drawing renters who work the coast but want to keep their housing affordable. That combination of military anchor and value pricing keeps Crestview rentals in demand.

Measured leverage, a coverage-qualified purchase, and a market anchored by a major base. A clean acquisition.

Similar Recently Funded Case Studies: DSCR Loan in Tampa, FL  •  DSCR Loan in Inverness, FL  •  DSCR Loan in Newark, NJ

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