1014 & 1016 Clemons AveCrescent CityFL32112
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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
Investment property for sale in Crescent City at 1014 & 1016 Clemons Ave, Crescent City, FL, 32112 uses $58,013 cash to close to unlock $17,259/yr annual cash flow and $1,438/mo monthly cash flow. Total monthly income runs $2,600/mo, and a $857/mo payment keeps the spread at $1,438/mo. Purchase price stands at $175,000, and rental yield measures 17.83% with $2,600/mo rent. Return on cash invested shows 49.66% in year one, and 5% annual appreciation builds toward $48,349 over five years. Five-year ROI reaches 263.04% and total cumulative return in cash records $152,599. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,600/mo property income covering a $857/mo payment rather than investor’s personal income.
Single Family
Built in 1993
0.65 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 32112, Crescent City, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 4,041 (100%) |
| Owner Occupied HU | 2,488 (61.6%) |
| Renter Occupied HU | 704 (17.4%) |
| Vacant Housing Units | 849 (21.0%) |
| Median Home Value | $229,481 |
| Average Home Value | $338,020 |
Housing Distribution
Address Breakdown
Residential
3,323
Single Family
3,292
Multi-Family
31
Businesses
227
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Listed by: Nikki Clark • COLDWELL BANKER REALTY
Mls Name: Stellar MLS
Mls Provider:
Mls ID: #O6086281
Disclaimer: IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed. Some IDX listings have been excluded from this website. Listing Information presented by local MLS brokerage: Zillow, Inc - (407) 904-3511