1931 Blankenship RdNavarreFL32566
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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 1931 Blankenship Rd, Navarre, FL, 32566 generates $2,492/mo in rent and, after a $886/mo payment, leaves $1,291/mo in cash flow. Total monthly income is $2,492/mo, and annual cash flow is $15,489/yr on $60,002 invested. Return on cash invested sits at 45.72% in year one, and rental yield is 16.52% on a $181,000 entry. Equity gained on principal adds $1,168/yr, while 5% annual appreciation builds toward $50,007 over five years. Five-year ROI reaches 241.87% and total cumulative return in cash sums $145,123. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,492/mo property income rather than buyer’s personal income.
Manufactured
Built in 1981
7,405 sqft 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: Jennifer M Vo • Dream Team Realty of NW Florida LLC
Mls Name: ECAOR
Mls Provider:
Mls ID: #975746
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. Member number: 28189