198 Grandview AveValparaisoFL32580
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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 Valparaiso at 198 Grandview Ave, Valparaiso, FL, 32580 uses $172,725 cash to close to unlock $5,299/yr annual cash flow and $442/mo monthly cash flow. Total monthly income runs $3,926/mo, and a $2,570/mo payment keeps the spread at $442/mo. Purchase price stands at $525,000, and rental yield measures 8.97% with $3,926/mo rent. Return on cash invested shows 23.13% in year one, and 5% annual appreciation builds toward $145,048 over five years. Five-year ROI reaches 120.67% and total cumulative return in cash records $208,425. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $3,926/mo property income covering a $2,570/mo payment rather than investor’s personal income.
Single Family
Built in 1974
0.60 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 32580, Valparaiso, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,009 (100%) |
| Owner Occupied HU | 1,275 (63.5%) |
| Renter Occupied HU | 603 (30.0%) |
| Vacant Housing Units | 131 ( 6.5%) |
| Median Home Value | $402,423 |
| Average Home Value | $495,335 |
Housing Distribution
Address Breakdown
Residential
1,990
Single Family
1,974
Multi-Family
16
Businesses
227
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Listed by: Zarina S Ellis • Ellis Realty LLC
Mls Name: ECAOR
Mls ID: #985074