152 Florence StDefuniak SpringsFL32435
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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 152 Florence St, Defuniak Springs, FL, 32435 generates $1,491/mo in rent and, after a $920/mo payment, leaves $244/mo in cash flow. Total monthly income is $1,491/mo, and annual cash flow is $2,924/yr on $62,305 invested. Return on cash invested sits at 24.6% in year one, and rental yield is 9.52% on a $187,950 entry. Equity gained on principal adds $1,213/yr, while 5% annual appreciation builds toward $51,927 over five years. Five-year ROI reaches 128.61% and total cumulative return in cash sums $80,129. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,491/mo property income rather than buyer’s personal income.
Single Family
Built in 1935
0.84 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 32435, Defuniak Springs, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,547 (100%) |
| Owner Occupied HU | 2,236 (63.0%) |
| Renter Occupied HU | 840 (23.7%) |
| Vacant Housing Units | 471 (13.3%) |
| Median Home Value | $226,724 |
| Average Home Value | $300,948 |
Housing Distribution
Address Breakdown
Residential
3,059
Single Family
2,965
Multi-Family
94
Businesses
481
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Listed by: Brandon Jordan • ERA American Real Estate
Mls Name: ECAOR
Mls ID: #988565