1650 Baldwin AveDefuniak SpringsFL32435
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
Investment Highlights
Investment property for sale in Defuniak Springs at 1650 Baldwin Ave, Defuniak Springs, FL, 32435 uses $75,549 cash to close to unlock $6,181/yr annual cash flow and $515/mo monthly cash flow. Total monthly income runs $2,027/mo, and a $1,115/mo payment keeps the spread at $515/mo. Purchase price stands at $227,900, and rental yield measures 10.67% with $2,027/mo rent. Return on cash invested shows 28.09% in year one, and 5% annual appreciation builds toward $62,965 over five years. Five-year ROI reaches 147.35% and total cumulative return in cash records $111,319. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,027/mo property income covering a $1,115/mo payment rather than investor’s personal income.
Single Family
Built in 1930
0.52 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 32435, Defuniak Springs, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,547 (100%) |
| Owner Occupied HU | 2,236 (63.0%) |
| Renter Occupied HU | 840 (23.7%) |
| Vacant Housing Units | 471 (13.3%) |
| Median Home Value | $226,724 |
| Average Home Value | $300,948 |
Housing Distribution
Address Breakdown
Residential
3,059
Single Family
2,965
Multi-Family
94
Businesses
481
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: N/A • N/A
Mls Name: undefined
Mls ID: #N/A