152 Le Conte 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 Le Conte St, Defuniak Springs, FL, 32435 priced at $799,900 converts $3,485/mo rent into after a $3,915/mo obligation. Total monthly income equals $3,485/mo. Return on cash invested prints 11.75% in year one, and rental yield reads 5.23% against a $799,900 entry. Equity gained on principal adds $5,162/yr, while 5% annual appreciation compiles into $220,998 by year five. Five-year ROI reaches 59.62% and total cumulative return in cash sums $156,912. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $3,485/mo property income covering a $3,915/mo payment, not borrower’s personal income.
Single Family
Built in 1888
0.33 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: Hiller Group • EXP Realty LLC
Mls Name: ECAOR
Mls ID: #988255