143 W Honeysuckle StDefuniak SpringsFL32433
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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
Rental property for sale in Defuniak Springs at 143 W Honeysuckle St, Defuniak Springs, FL, 32433 priced at $499,999 converts $968/mo rent into after a $2,447/mo obligation. Total monthly income equals $968/mo. Return on cash invested prints 2.9% in year one, and rental yield reads 2.32% against a $499,999 entry. Equity gained on principal adds $3,226/yr, while 5% annual appreciation compiles into $138,141 by year five. Five-year ROI reaches 12.22% and total cumulative return in cash sums $20,251. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $968/mo property income covering a $2,447/mo payment, not borrower’s personal income.
Manufactured
Built in 2005
0.98 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 32433, Defuniak Springs, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 8,353 (100%) |
| Owner Occupied HU | 5,392 (64.6%) |
| Renter Occupied HU | 1,793 (21.5%) |
| Vacant Housing Units | 1,168 (14.0%) |
| Median Home Value | $173,082 |
| Average Home Value | $280,402 |
Housing Distribution
Address Breakdown
Residential
7,626
Single Family
7,510
Multi-Family
116
Businesses
308
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Listed by: Adam R Begin • LPT Realty LLC
Mls Name: ECAOR
Mls Provider:
Mls ID: #956801
Disclaimer: IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed. Member number: 28189