119 LUDWIG AvenueCrescent 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 119 LUDWIG Avenue, Crescent City, FL, 32112 with 5% annual appreciation on a $230,000 basis while $1,446/mo rent supports operations. 64% in year one. Equity gained on principal adds $1,484/yr, and five-year appreciation sums $63,545 alongside rental yield of 7.54%. Five-year ROI measures 96.66% and total cumulative return in cash totals $73,699. Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $1,446/mo property income versus a $1,126/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 1972
7,840 sqft 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: ERIC RAKERS • UNITED REAL ESTATE GALLERY
Mls Name: realMLS
Mls ID: #2118205