1840 Candlewood DrNavarreFL32566
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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 Navarre at 1840 Candlewood Dr, Navarre, FL, 32566 generates $2,688/mo in rent and, after a $1,860/mo payment, leaves $166/mo in cash flow. Total monthly income is $2,688/mo, and annual cash flow is $1,994/yr on $125,970 invested. Return on cash invested sits at 21.49% in year one, and rental yield is 8.49% on a $380,000 entry. Equity gained on principal adds $2,452/yr, while 5% annual appreciation builds toward $104,987 over five years. Five-year ROI reaches 111.94% and total cumulative return in cash sums $141,013. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,688/mo property income rather than buyer’s personal income.
Single Family
Built in 1992
0.46 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 32566, Navarre, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 20,513 (100%) |
| Owner Occupied HU | 14,355 (70.0%) |
| Renter Occupied HU | 3,832 (18.7%) |
| Vacant Housing Units | 2,326 (11.3%) |
| Median Home Value | $401,900 |
| Average Home Value | $451,144 |
Housing Distribution
Address Breakdown
Residential
19,041
Single Family
18,600
Multi-Family
441
Businesses
760
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Listed by: Steve Koleno • Beycome of Florida LLC
Mls Name: Navarre Area BOR
Mls Provider:
Mls ID: #980546
Disclaimer: IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.