1161 E River RdWewahitchkaFL32465
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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 Wewahitchka at 1161 E River Rd, Wewahitchka, FL, 32465 listed at $289,900 pairs $2,374/mo rent with a $1,419/mo payment to leave $450/mo cash flow. Total monthly income runs $2,374/mo, and annual cash flow reaches $5,401/yr on $96,102 cash to close. Return on cash invested measures 25.53% in year one, and rental yield registers 9.83% at a $289,900 basis. Equity gained on principal adds $1,871/yr, and annual property appreciation at 5% supports $80,094 by year five. Five-year ROI tracks 133.6% and total cumulative return in cash totals $128,397. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $2,374/mo property income relative to a $1,419/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Manufactured
Built in 2014
1.74 Acres 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
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Listed by: Kaye Haddock • Beach Properties Real Estate
Mls Name: CPAR
Mls ID: #778419