1861 1st AveCrestviewFL32539
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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 Crestview at 1861 1st Ave, Crestview, FL, 32539 generates $1,498/mo in rent, after a $3,597/mo payment. Total monthly income is $1,498/mo. Return on cash invested sits at 3.29% in year one, and rental yield is 2.45% on a $735,000 entry. Equity gained on principal adds $4,743/yr, while 5% annual appreciation builds toward $203,067 over five years. Five-year ROI reaches 14.28% and total cumulative return in cash sums $34,536. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,498/mo property income rather than buyer’s personal income.
Multi Family
Built in 1982
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 32539, Crestview, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 13,802 (100%) |
| Owner Occupied HU | 9,569 (69.3%) |
| Renter Occupied HU | 3,217 (23.3%) |
| Vacant Housing Units | 1,016 ( 7.4%) |
| Median Home Value | $353,112 |
| Average Home Value | $444,509 |
Housing Distribution
Address Breakdown
Residential
13,286
Single Family
13,183
Multi-Family
103
Businesses
286
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Listed by: Mary Ann Cates • Re/Max Horizons Realty
Mls Name: Navarre Area BOR
Mls Provider:
Mls ID: #983716
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.