1924 S Highway 17Crescent CityFL32181
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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 Crescent City at 1924 S Highway 17, Crescent City, FL, 32181 priced at $198,000 converts $3,600/mo rent into $2,286/mo cash flow after a $969/mo obligation. Total monthly income equals $3,600/mo, and annual cash flow totals $27,434/yr on $65,637 invested. Return on cash invested prints 61.71% in year one, and rental yield reads 21.82% against a $198,000 entry. Equity gained on principal adds $1,278/yr, while 5% annual appreciation compiles into $54,704 by year five. Five-year ROI reaches 327.61% and total cumulative return in cash sums $215,032. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $3,600/mo property income covering a $969/mo payment, not borrower’s personal income.
Manufactured
Built in 1997
1.33 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 32181, Pomona Park, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,454 (100%) |
| Owner Occupied HU | 909 (62.5%) |
| Renter Occupied HU | 182 (12.5%) |
| Vacant Housing Units | 363 (25.0%) |
| Median Home Value | $199,519 |
| Average Home Value | $294,268 |
Housing Distribution
Address Breakdown
Residential
1,144
Single Family
1,144
Multi-Family
0
Businesses
47
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Listed by: Barbara Niles • CHAMPION REALTY OF FLORIDA LLC
Mls Name: Stellar MLS
Mls Provider:
Mls ID: #V4933322
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. Some IDX listings have been excluded from this website. Listing Information presented by local MLS brokerage: Zillow, Inc - (407) 904-3511