Most popular
Duplexes
Two rents from one property.
- 2 units, 1 purchase, 1 loan
- Lower cost per door
- Fits most DSCR loans
Price~US$400K–490KRent~US$3,000–3,400/mo
For Canadian investors
Own Florida rental homes, from Canada.
New-construction rentals, Canadian-friendly financing, and a team that handles the cross-border details.
- Hassle-free investment
- New-construction homes
- Financing guidance for Canadians
A balanced market with room to negotiate
More choice, steadier prices and builders offering incentives.
$415K
Median home price
Up 1.2% year over year
4.3 mo
Supply of homes
Down from 5.3 months
17
New insurers
Since 2022–23 reforms
0%
State income tax
On personal income
New-construction rentals, built for cash flow
Lower early repair costs, builder warranties and homes tenants want.
Most popular
Easiest to start
Detached homes
A simple first Florida investment.
- Long-term family tenants
- Easiest to resell
- Builder warranty
Price~US$300K–350KRent~US$1,800–2,000/mo
Build a portfolio
Multi-family
Multiple rents under one roof.
- 4+ income streams
- Lower cost per unit
- 1–4 units fit DSCR loans
Price~US$750K–900KRent~US$5,500–6,500/mo
Approximate figures in US dollars; ask us for current availability.
Not sure which property fits you?
Get current listings and real numbers for each home type.
No US credit history needed
Foreign national DSCR loans qualify you on the property's rent, not your Canadian income. No SSN or green card.
25–30%
Down payment
Typical range
1.0+
DSCR ratio
Rent covers the payment
US LLC
Ownership
You as guarantor
~30 days
Approval
After documents are in
What lenders ask for
- Canadian passport
- Bank statements for down payment
- Canadian credit report or bank reference
- US LLC & bank account (we connect you)
Other ways to fund
- Cross-border mortgage via a Canadian bank
- Canadian equity via HELOC or refinance
- Cash, then refinance to a DSCR loan
- Builder incentives on new homes
Spark Realty is not a lender. Terms vary by lender and are subject to approval.
From first call to first rent cheque
Five steps, coordinated for you.
01
Strategy call
Budget, goals and financing.
02
Pick a property
Compare deals, all costs in.
03
Set up & finance
LLC, US bank and loan.
04
Close remotely
Inspection, title and closing.
05
Lease & manage
Local manager finds tenants.
What to plan for
We work with a cross-border accountant and US attorney so your setup is right from day one.
Insurance
Real quotes before you make an offer.
Rent & vacancy
Conservative local rent numbers.
Currency
You buy and earn in US dollars.
US tax
IRS filing; FIRPTA applies on sale.
Canadian tax
Taxable in Canada; T1135 over CA$100K.
Property management
Fees included in your numbers.
Investor questions
Can a Canadian buy investment property in Florida?
Yes. There are no citizenship or residency requirements, and many lenders finance Canadians.
Do I need a US credit score or SSN?
No, not for foreign national DSCR loans.
Who manages the property while I'm in Canada?
A licensed local property manager handles leasing, rent and maintenance.
Should I buy personally or through an LLC?
Many investors use a US LLC; get cross-border tax advice first.
Which Florida markets do you focus on?
Growing Florida metros with strong rental demand and new-construction supply. Availability changes often, so request the investor package to see current homes, prices and rents in each area.
Your first Florida rental starts with one call.
A free 20-minute call: available homes, the numbers and financing.