1843 Us Highway 98 W #76CarrabelleFL32322
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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 Carrabelle at 1843 Us Highway 98 W #76, Carrabelle, FL, 32322 earns from $1,695/mo rent with a $1,043/mo payment. Total monthly income totals $1,695/mo. ROI tracks 18.74% on current figures, and rental yield reads 9.55% at a $213,000 purchase. Equity gained on principal adds $1,374/yr, and 5% annual appreciation supports $58,848 over five years. Five-year ROI reaches 99.37% and total cumulative return in cash sums $70,161. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $1,695/mo property income instead of your personal income.
Manufactured
Built in 2017
5,227 sqft lot
$N/A/sqft
$350 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 32322, Carrabelle, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,128 (100%) |
| Owner Occupied HU | 1,126 (52.9%) |
| Renter Occupied HU | 270 (12.7%) |
| Vacant Housing Units | 732 (34.4%) |
| Median Home Value | $286,000 |
| Average Home Value | $447,087 |
Housing Distribution
Address Breakdown
Residential
1,357
Single Family
1,357
Multi-Family
0
Businesses
122
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Listed by: Penny Hall • Anchor Realty Florida
Mls Name: Forgotten Coast Realtor Association
Mls Provider:
Mls ID: #317713
Disclaimer: Property information provided by the RAFGC MLS a service of the REALTOR Association of Franklin & Gulf Counties. IDX information is provided exclusively for consumers personal, non-commercial use, and that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing, and that data is deemed reliable but is not guaranteed accurate by the MLS.