167 Bay Springs BlvdDefunkiak SpringsFL32435
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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
Rental property for sale in Defunkiak Springs at 167 Bay Springs Blvd, Defunkiak Springs, FL, 32435 generates $2,686/mo in rent and, after a $1,395/mo payment, leaves $795/mo in cash flow. Total monthly income is $2,686/mo, and annual cash flow is $9,536/yr on $94,474 invested. Return on cash invested sits at 30% in year one, and rental yield is 11.31% on a $284,990 entry. Equity gained on principal adds $1,839/yr, while 5% annual appreciation builds toward $78,737 over five years. Five-year ROI reaches 157.56% and total cumulative return in cash sums $148,851. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,686/mo property income rather than buyer’s personal income.
Single Family
Built in 2026
N/A 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
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Listed by: N/A • Lennar
Mls Name: Lennar Homes
Mls Provider:
Mls ID: #N/A