1650 Alligator Dr UNIT 407Alligator PtFL32346
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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 Alligator Pt at 1650 Alligator Dr UNIT 407, Alligator Pt, FL, 32346 listed at $639,900 pairs $2,855/mo rent with a $3,132/mo payment. Total monthly income runs $2,855/mo. Return on cash invested measures 12.13% in year one, and rental yield registers 5.35% at a $639,900 basis. Equity gained on principal adds $4,129/yr, and annual property appreciation at 5% supports $176,793 by year five. Five-year ROI tracks 61.68% and total cumulative return in cash totals $129,851. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $2,855/mo property income relative to a $3,132/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Townhouse
Built in 2005
3,484 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 32346, Panacea, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,003 (100%) |
| Owner Occupied HU | 727 (36.3%) |
| Renter Occupied HU | 238 (11.9%) |
| Vacant Housing Units | 1,038 (51.8%) |
| Median Home Value | $268,662 |
| Average Home Value | $367,627 |
Housing Distribution
Address Breakdown
Residential
1,227
Single Family
1,227
Multi-Family
0
Businesses
84
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Listed by: Katherine Searcy • The Naumann Group Real Estate
Mls Name: TBR
Mls ID: #389711