1652 Ivy WayEastpointFL32328
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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 Eastpoint at 1652 Ivy Way, Eastpoint, FL, 32328 at $170,000 posts ROI 50.64% with $1,443/mo cash flow from $2,701/mo rent. Total monthly income equals $2,701/mo, and annual cash flow records $17,318/yr on $56,355 to close. Return on cash invested measures 50.64% and rental yield reads 19.07% at the current $170,000. Equity gained on principal adds $1,097/yr, and 5% annual appreciation supports $46,968 by year five. Five-year ROI prints 269.29% and total cumulative return in cash totals $151,761.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $2,701/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Lot
Built in N/A
1.20 Acres lot
$N/A/sqft
$1,557 annually HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 32328, Eastpoint, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,977 (100%) |
| Owner Occupied HU | 1,351 (45.4%) |
| Renter Occupied HU | 248 ( 8.3%) |
| Vacant Housing Units | 1,378 (46.3%) |
| Median Home Value | $428,165 |
| Average Home Value | $545,204 |
Housing Distribution
Address Breakdown
Residential
1,712
Single Family
1,498
Multi-Family
214
Businesses
211
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Listed by: Spohrer Price Ray Team • Berkshire Hathaway HomeServices - SGI
Mls Name: Forgotten Coast Realtor Association
Mls Provider:
Mls ID: #319803
Disclaimer: Property information provided by the RAFGC MLS a service of the REALTOR Association of Franklin & Gulf Counties. IDX information is provided exclusively for consumers personal, non-commercial use, and that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing, and that data is deemed reliable but is not guaranteed accurate by the MLS.