1532 Wateroak DrLynn HavenFL32444
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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 Lynn Haven at 1532 Wateroak Dr, Lynn Haven, FL, 32444 generates $3,682/mo in rent and, after a $1,953/mo payment, leaves $1,034/mo in cash flow. Total monthly income is $3,682/mo, and annual cash flow is $12,409/yr on $132,269 invested. Return on cash invested sits at 29.29% in year one, and rental yield is 11.07% on a $399,000 entry. Equity gained on principal adds $2,575/yr, while 5% annual appreciation builds toward $110,236 over five years. Five-year ROI reaches 153.76% and total cumulative return in cash sums $203,378. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $3,682/mo property income rather than buyer’s personal income.
Single Family
Built in 2016
9,147 sqft 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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Listed by: Elite Group of Keller Williams • Keller Williams Success Realty
Mls Name: CPAR
Mls ID: #778221