108 Abby DrWewahitchkaFL32465
INVESTMENT ANALYSIS
Investment Verdict
Solid IncomeInvestors who treat current yield as secondary to long-run equity growth will find 108 Abby Dr, Wewahitchka, FL, 32465 in Wewahitchka worth modelling. At $295,000 with a 8.05% gross yield, the $1,980/mo rent leaves $22/mo after the $1,327/mo payment, sufficient to cover costs, modest in distribution. Ziffy Mortgage's 1.49 DSCR loan can finance the acquisition without personal income documentation. Appreciation of 5%/yr is projected to add $81,503 by year five; $2,717/yr in principal reduction adds further equity. Total projected return: $113,874.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 8.1% | 8.0% |
| Monthly Cash Flow | $22 | $200 |
City averages based on Wewahitchka market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $1,980 |
| Total Monthly Debt Service | $1,840 |
| DSCR Ratio | 1.08x |
Ziffy Mortgage: Your DSCR most likely meets our 1.0+ requirement, so you'll most probably qualify for our standard DSCR investment loan program. To pre-qualify, book time with your loan officer →
Estimates assume 6.0% rate / 30-yr fixed, 30% down, 1% tax, 0.5% insurance. Not a commitment to lend.
Multi Family
Built in 2006
9,365 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 32465, Wewahitchka, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,609 (100%) |
| Owner Occupied HU | 2,126 (58.9%) |
| Renter Occupied HU | 543 (15.0%) |
| Vacant Housing Units | 940 (26.0%) |
| Median Home Value | $199,412 |
| Average Home Value | $271,450 |
Housing Distribution
Address Breakdown
Residential
2,818
Single Family
2,818
Multi-Family
0
Businesses
149
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
Multi Family
Built in 2006
9,365 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 32465, Wewahitchka, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,609 (100%) |
| Owner Occupied HU | 2,126 (58.9%) |
| Renter Occupied HU | 543 (15.0%) |
| Vacant Housing Units | 940 (26.0%) |
| Median Home Value | $199,412 |
| Average Home Value | $271,450 |
Housing Distribution
Address Breakdown
Residential
2,818
Single Family
2,818
Multi-Family
0
Businesses
149
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: N/A • N/A
Mls Name: Forgotten Coast Realtor Association
Mls ID: #324678