0 E 24th StLynn HavenFL32444
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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
Investment Highlights
Rental property for sale in Lynn Haven at 0 E 24th St, Lynn Haven, FL, 32444 priced at $125,900 converts $964/mo rent into $129/mo cash flow after a $616/mo obligation. Total monthly income equals $964/mo, and annual cash flow totals $1,545/yr on $41,736 invested. Return on cash invested prints 23.61% in year one, and rental yield reads 9.19% against a $125,900 entry. Equity gained on principal adds $812/yr, while 5% annual appreciation compiles into $34,784 by year five. Five-year ROI reaches 123.32% and total cumulative return in cash sums $51,468. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $964/mo property income covering a $616/mo payment, not borrower’s personal income.
Single Family
Built in N/A
1.75 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 32444, Lynn Haven, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 9,092 (100%) |
| Owner Occupied HU | 6,097 (67.1%) |
| Renter Occupied HU | 1,855 (20.4%) |
| Vacant Housing Units | 1,140 (12.5%) |
| Median Home Value | $376,114 |
| Average Home Value | $436,347 |
Housing Distribution
Address Breakdown
Residential
9,098
Single Family
8,225
Multi-Family
873
Businesses
639
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Listed by: Raul Hernandez • Legacy Premier Agency
Mls Name: CPAR
Mls ID: #782090