16424 SE Pear StBlountstownFL32424
INVESTMENT ANALYSIS
Investment Verdict
Strong Cash FlowStrong cash flow defines 16424 SE Pear St, Blountstown, FL, 32424 in Blountstown: $2,508/mo in rent, $829/mo net, 11.9% gross yield, all on a $253,000 acquisition. The 2.20 coverage ratio comfortably clears Ziffy Mortgage's threshold, enabling foreign-national buyers to close without U.S. credit documentation. Over five years, 5% appreciation adds $69,899 in value, and $2,330/yr in principal paydown steadily builds equity. Projected total cumulative return: $149,799.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 11.9% | 6.0% |
| Monthly Cash Flow | $829 | $300 |
City averages based on Blountstown market data in our database. Property projections are estimates.
DSCR Rental Loan Qualification
Qualifies using the property's rental income, not your personal income.
- ✓No W-2, pay stubs, or tax returns needed
- ✓Rental income qualifies you
- ✓Built for real estate investors
| Monthly Rental Income | $2,508 |
| Total Monthly Debt Service | $1,578 |
| DSCR Ratio | 1.59x |
Ziffy Mortgage: Your DSCR most likely meets our 1.0+ requirement, so you'll most probably qualify for our standard DSCR investment loan program. To pre-qualify, book time with your loan officer →
Estimates assume 6.0% rate / 30-yr fixed, 30% down, 1% tax, 0.5% insurance. Not a commitment to lend.
Single Family
Built in 2022
10,454 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 32424, Blountstown, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,507 (100%) |
| Owner Occupied HU | 1,597 (63.7%) |
| Renter Occupied HU | 544 (21.7%) |
| Vacant Housing Units | 366 (14.6%) |
| Median Home Value | $197,596 |
| Average Home Value | $257,376 |
Housing Distribution
Address Breakdown
Residential
2,155
Single Family
2,108
Multi-Family
47
Businesses
301
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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
Single Family
Built in 2022
10,454 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 32424, Blountstown, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,507 (100%) |
| Owner Occupied HU | 1,597 (63.7%) |
| Renter Occupied HU | 544 (21.7%) |
| Vacant Housing Units | 366 (14.6%) |
| Median Home Value | $197,596 |
| Average Home Value | $257,376 |
Housing Distribution
Address Breakdown
Residential
2,155
Single Family
2,108
Multi-Family
47
Businesses
301
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: N/A • N/A
Mls Name: CPAR
Mls ID: #789982