1024 Payne StGracevilleFL32440
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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 Graceville at 1024 Payne St, Graceville, FL, 32440 listed at $160,000 pairs $1,673/mo rent with a $783/mo payment to leave $611/mo cash flow. Total monthly income runs $1,673/mo, and annual cash flow reaches $7,336/yr on $53,040 cash to close. Return on cash invested measures 33.74% in year one, and rental yield registers 12.55% at a $160,000 basis. Equity gained on principal adds $1,032/yr, and annual property appreciation at 5% supports $44,205 by year five. Five-year ROI tracks 177.67% and total cumulative return in cash totals $94,238. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $1,673/mo property income relative to a $783/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1997
0.34 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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: N/A • N/A
Mls Name: undefined
Mls ID: #N/A