2000 Lighthouse RdCarrabelleFL32322
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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 2000 Lighthouse Rd, Carrabelle, FL, 32322 earns $251/mo cash flow from $1,572/mo rent with a $974/mo payment. Total monthly income totals $1,572/mo, and annual cash flow totals $3,017/yr on $65,969 capital. ROI tracks 24.48% on current figures, and rental yield reads 9.48% at a $199,000 purchase. Equity gained on principal adds $1,284/yr, and 5% annual appreciation supports $54,980 over five years. Five-year ROI reaches 128% and total cumulative return in cash sums $84,438. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $1,572/mo property income instead of your personal income.
Single Family
Built in 1988
1 Acres lot
$N/A/sqft
No 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: Kara Moses • St George Island Realty, LLC
Mls Name: Forgotten Coast Realtor Association
Mls ID: #324954