1687 Highway 160WestvilleFL32464
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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 Westville at 1687 Highway 160, Westville, FL, 32464 generates $2,590/mo in rent and, after a $1,591/mo payment, leaves $433/mo in cash flow. Total monthly income is $2,590/mo, and annual cash flow is $5,196/yr on $107,738 invested. Return on cash invested sits at 24.73% in year one, and rental yield is 9.56% on a $325,000 entry. Equity gained on principal adds $2,097/yr, while 5% annual appreciation builds toward $89,792 over five years. Five-year ROI reaches 129.28% and total cumulative return in cash sums $139,285. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,590/mo property income rather than buyer’s personal income.
Single Family
Built in 1955
5 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 32464, Westville, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,042 (100%) |
| Owner Occupied HU | 1,388 (68.0%) |
| Renter Occupied HU | 272 (13.3%) |
| Vacant Housing Units | 382 (18.7%) |
| Median Home Value | $128,529 |
| Average Home Value | $171,205 |
Housing Distribution
Address Breakdown
Residential
1,877
Single Family
1,877
Multi-Family
0
Businesses
43
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