1203 Minnesota AveLynn HavenFL32444
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 Lynn Haven at 1203 Minnesota Ave, Lynn Haven, FL, 32444 at $258,900 posts ROI 23% with $221/mo cash flow from $1,991/mo rent. Total monthly income equals $1,991/mo, and annual cash flow records $2,650/yr on $85,825 to close. Return on cash invested measures 23% and rental yield reads 9.23% at the current $258,900. Equity gained on principal adds $1,671/yr, and 5% annual appreciation supports $71,529 by year five. Five-year ROI prints 120.25% and total cumulative return in cash totals $103,208.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $1,991/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 1954
0.52 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 32444, Lynn Haven, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 9,092 (100%) |
| Owner Occupied HU | 6,097 (67.1%) |
| Renter Occupied HU | 1,855 (20.4%) |
| Vacant Housing Units | 1,140 (12.5%) |
| Median Home Value | $376,114 |
| Average Home Value | $436,347 |
Housing Distribution
Address Breakdown
Residential
9,098
Single Family
8,225
Multi-Family
873
Businesses
639
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Nearby investment properties with comparable prices
Listed by: Marco Cooper • Coastal Sun Realty LLC
Mls Name: CPAR
Mls Provider:
Mls ID: #766917
Disclaimer: IDX information is provided exclusively for consumers personal, non-commercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data is deemed reliable but is not guaranteed accurate by the MLS.