1805 Connecticut AveLynn HavenFL32444
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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
Investment property for sale in Lynn Haven at 1805 Connecticut Ave, Lynn Haven, FL, 32444 uses $144,203 cash to close to unlock $1,000/yr annual cash flow and $83/mo monthly cash flow. Total monthly income runs $2,970/mo, and a $2,129/mo payment keeps the spread at $83/mo. Purchase price stands at $435,000, and rental yield measures 8.19% with $2,970/mo rent. Return on cash invested shows 20.6% in year one, and 5% annual appreciation builds toward $120,182 over five years. Five-year ROI reaches 107.17% and total cumulative return in cash records $154,536. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,970/mo property income covering a $2,129/mo payment rather than investor’s personal income.
Single Family
Built in 1988
0.34 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 32444, Lynn Haven, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 9,092 (100%) |
| Owner Occupied HU | 6,097 (67.1%) |
| Renter Occupied HU | 1,855 (20.4%) |
| Vacant Housing Units | 1,140 (12.5%) |
| Median Home Value | $376,114 |
| Average Home Value | $436,347 |
Housing Distribution
Address Breakdown
Residential
9,098
Single Family
8,225
Multi-Family
873
Businesses
639
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Listed by: Ashley Cutchins • Miller & Associates Realty
Mls Name: CPAR
Mls ID: #784121