1016 10th AveGracevilleFL32440
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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 Graceville at 1016 10th Ave, Graceville, FL, 32440 generates $1,294/mo in rent and, after a $881/mo payment, leaves $100/mo in cash flow. Total monthly income is $1,294/mo, and annual cash flow is $1,194/yr on $59,670 invested. Return on cash invested sits at 21.91% in year one, and rental yield is 8.63% on a $180,000 entry. Equity gained on principal adds $1,162/yr, while 5% annual appreciation builds toward $49,731 over five years. Five-year ROI reaches 114.2% and total cumulative return in cash sums $68,141. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,294/mo property income rather than buyer’s personal income.
Single Family
Built in 1940
0.26 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 32440, Graceville, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,459 (100%) |
| Owner Occupied HU | 1,550 (63.0%) |
| Renter Occupied HU | 652 (26.5%) |
| Vacant Housing Units | 257 (10.5%) |
| Median Home Value | $119,744 |
| Average Home Value | $189,998 |
Housing Distribution
Address Breakdown
Residential
2,383
Single Family
2,275
Multi-Family
108
Businesses
185
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Listed by: Yanira Suarez • LPT REALTY, LLC
Mls Name: Stellar MLS
Mls ID: #O6350234