168 Ridge Lake RdCrestviewFL32536
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
Rental property for sale in Crestview at 168 Ridge Lake Rd, Crestview, FL, 32536 offers $1,526/mo rent that, after a $978/mo payment, leaves $200/mo cash flow. Total monthly income is $1,526/mo, and annual cash flow is $2,398/yr on $66,267 cash. Return on cash invested measures 23.53% in year one, and rental yield stands at 9.16% at a $199,900 entry. Equity gained on principal adds $1,290/yr while 5% annual appreciation compounds into $55,229 by year five. Five-year ROI records 122.83% and total cumulative return in cash reaches $81,397. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $1,526/mo property income versus a $978/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 1986
0.28 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 32536, Crestview, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 11,304 (100%) |
| Owner Occupied HU | 7,146 (63.2%) |
| Renter Occupied HU | 3,359 (29.7%) |
| Vacant Housing Units | 799 ( 7.1%) |
| Median Home Value | $343,874 |
| Average Home Value | $452,005 |
Housing Distribution
Address Breakdown
Residential
10,735
Single Family
9,865
Multi-Family
870
Businesses
1,082
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices