1636 E 1st AveCrestviewFL32539
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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
Investment property for sale in Crestview at 1636 E 1st Ave, Crestview, FL, 32539 uses $76,242 cash to close to unlock $8,729/yr annual cash flow and $727/mo monthly cash flow. Total monthly income runs $2,254/mo, and a $1,126/mo payment keeps the spread at $727/mo. Purchase price stands at $229,990, and rental yield measures 11.76% with $2,254/mo rent. Return on cash invested shows 31.36% in year one, and 5% annual appreciation builds toward $63,542 over five years. Five-year ROI reaches 164.88% and total cumulative return in cash records $125,704. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,254/mo property income covering a $1,126/mo payment rather than investor’s personal income.
Townhouse
Built in 1984
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 32539, Crestview, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 13,802 (100%) |
| Owner Occupied HU | 9,569 (69.3%) |
| Renter Occupied HU | 3,217 (23.3%) |
| Vacant Housing Units | 1,016 ( 7.4%) |
| Median Home Value | $353,112 |
| Average Home Value | $444,509 |
Housing Distribution
Address Breakdown
Residential
13,286
Single Family
13,183
Multi-Family
103
Businesses
286
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Listed by: Jessica Mackrael • Coldwell Banker Realty
Mls Name: ECAOR
Mls Provider:
Mls ID: #967593
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