Florida real estate investors: finance rental properties using the property's income — not your personal income. 30-year fixed terms. 660+ credit. LLC borrowing. Close in 10 days. Direct access to 30+ capital sources.
Check My Florida Rate →Florida is one of the fastest-growing states in the country, adding 365,000 residents in the last 12 months. That growth directly translates into rental demand across Miami/Fort Lauderdale, Tampa/St. Petersburg, Orlando.
Florida is primarily an appreciation play rather than cash-flow. Average rental yields range from 6.1-7.4% — investors should focus on long-term wealth building rather than monthly cash flow.
Florida has no state income tax, which keeps more money in residents' pockets and makes the state attractive for rental investors and tenants alike.
Median home price: $398K · Average rental yield: 6.4% · Vacancy rate: 7.1% · Population growth (12 mo): +365,000 · State income tax: No · Property tax rate: 0.83%
A DSCR (Debt Service Coverage Ratio) loan is an investment property mortgage that qualifies you based on the property's rental income — not your personal income. That means no W-2 requirement, no tax returns, no employment verification, and no debt-to-income ratio calculation based on your personal finances.
The "ratio" in DSCR measures whether the property's rental income covers its mortgage payment, taxes, and insurance (PITI). A DSCR of 1.0 means rent equals expenses. A DSCR of 1.25 means rent is 25% higher than expenses. Most lenders require a minimum 1.0x DSCR for standard programs. LendingStreet also offers No Ratio DSCR programs that remove the ratio requirement entirely.
DSCR loans have become the default financing method for serious Florida real estate investors because they remove the biggest obstacle — the requirement to document personal income via W-2s and tax returns. Self-employed investors, full-time real estate investors, and anyone with complex income sources find DSCR vastly easier than conventional financing.
7M metro. Median $535K. International investment, finance, tourism. Strong long-term appreciation.
3.3M metro. Median $385K. Fast-growing with tech and financial sector expansion.
Tourism, healthcare, tech. Median $395K. Strong STR market plus long-term rental demand.
Largest city by land in continental US. Median $315K. Port, healthcare, banking. Best cash flow metro in Florida.
SW Florida affluent market. Median $545K. Seasonal rental premiums.
Growing affordable market. Median $365K with strong STR and seasonal demand.
Florida has no state income tax — major draw for residents, boosts rental demand.
Budget for windstorm and flood coverage in coastal areas. Insurance crisis has increased premiums 30-50% in many areas. Factor into DSCR calculations.
Florida has robust homestead law — protecting primary residence. Investment properties get full assessment.
Miami Beach, Key West have STR restrictions. Orlando, Kissimmee are STR-friendly. Verify before buying for STR strategy.
All case studies are anonymized examples of actual closed deals. Borrower names and exact addresses are not disclosed per privacy agreements.
Yes. DSCR loans qualify based on the Florida rental property's projected income — not your personal income. No W-2, no tax returns required. This is the core benefit of DSCR for Florida investors who are self-employed or have complex income.
DSCR rates in Florida are market-competitive for qualified borrowers with strong credit, DSCR ratio above 1.20x, and 25-30% down. Rates vary based on credit score (660 vs 740+), DSCR ratio, loan-to-value, property type (SFR vs multifamily), and loan amount. Call for an exact rate quote on your specific scenario.
Most Florida DSCR programs require a minimum 660 credit score. Some programs allow 640 with compensating factors like stronger DSCR ratio or higher down payment. 740+ credit qualifies for best pricing.
Yes. LendingStreet DSCR loans in Florida allow borrowing in an LLC or other entity. This is standard for serious real estate investors seeking asset protection.
Florida DSCR loans typically close in 10-21 days from complete application. Some close faster depending on appraisal timing and borrower documentation. Bridge loans on the same property can close even faster — sometimes under 10 days — because they don't require a traditional appraisal.
Yes. Florida DSCR cash-out refinances are available up to 75% LTV. This is how many Florida investors extract equity from appreciated properties to fund the next purchase. The rental income must support the new loan payment at 1.0x DSCR minimum (or qualify for No Ratio DSCR).
Yes. We offer DSCR loans on short-term rental properties in Florida. STR DSCR uses projected AirDNA or actual rental history data rather than traditional long-term lease comps.
Ask about our No Ratio DSCR program. We work with lenders that offer DSCR loans with no minimum ratio requirement — the property doesn't need to cash flow at 1.0x. Requirements: 640+ credit, up to 85% LTV, $100K-$4M loan amounts, not available in all states (currently excludes NY and VT).
No credit pull. No commitment. Speak with a licensed financing firm that knows the Florida investor market.
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