156 Ridgeway CirCrestviewFL32536
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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 Crestview at 156 Ridgeway Cir, Crestview, FL, 32536 priced at $327,829 converts $2,670/mo rent into $461/mo cash flow after a $1,605/mo obligation. Total monthly income equals $2,670/mo, and annual cash flow totals $5,528/yr on $108,675 invested. Return on cash invested prints 25% in year one, and rental yield reads 9.77% against a $327,829 entry. Equity gained on principal adds $2,115/yr, while 5% annual appreciation compiles into $90,573 by year five. Five-year ROI reaches 130.84% and total cumulative return in cash sums $142,189. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $2,670/mo property income covering a $1,605/mo payment, not borrower’s personal income.
Single Family
Built in 2025
6,325 sqft lot
$N/A/sqft
$400 annually HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 32536, Crestview, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 11,304 (100%) |
| Owner Occupied HU | 7,146 (63.2%) |
| Renter Occupied HU | 3,359 (29.7%) |
| Vacant Housing Units | 799 ( 7.1%) |
| Median Home Value | $343,874 |
| Average Home Value | $452,005 |
Housing Distribution
Address Breakdown
Residential
10,735
Single Family
9,865
Multi-Family
870
Businesses
1,082
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Listed by: Sondra L Stewart • Adams Homes Realty Inc
Mls Name: ECAOR
Mls Provider:
Mls ID: #967646
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