131 Delaware StCarrabelleFL32322
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 Carrabelle at 131 Delaware St, Carrabelle, FL, 32322 at $287,000 posts ROI 21.16% with $99/mo cash flow from $2,004/mo rent. Total monthly income equals $2,004/mo, and annual cash flow records $1,190/yr on $95,141 to close. Return on cash invested measures 21.16% and rental yield reads 8.38% at the current $287,000. Equity gained on principal adds $1,852/yr, and 5% annual appreciation supports $79,293 by year five. Five-year ROI prints 110.18% and total cumulative return in cash totals $104,830.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $2,004/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 2024
7,405 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 32322, Carrabelle, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,128 (100%) |
| Owner Occupied HU | 1,126 (52.9%) |
| Renter Occupied HU | 270 (12.7%) |
| Vacant Housing Units | 732 (34.4%) |
| Median Home Value | $286,000 |
| Average Home Value | $447,087 |
Housing Distribution
Address Breakdown
Residential
1,357
Single Family
1,357
Multi-Family
0
Businesses
122
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Listed by: Carmen Mansfield • McClellan Realty, LLC
Mls Name: TBR
Mls ID: #387427