2013 Geralo LnLynn HavenFL32444
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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 Lynn Haven at 2013 Geralo Ln, Lynn Haven, FL, 32444 priced at $302,000 converts $2,182/mo rent into $178/mo cash flow after a $1,478/mo obligation. Total monthly income equals $2,182/mo, and annual cash flow totals $2,136/yr on $100,113 invested. Return on cash invested prints 22.04% in year one, and rental yield reads 8.67% against a $302,000 entry. Equity gained on principal adds $1,949/yr, while 5% annual appreciation compiles into $83,437 by year five. Five-year ROI reaches 114.91% and total cumulative return in cash sums $115,036. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $2,182/mo property income covering a $1,478/mo payment, not borrower’s personal income.
Single Family
Built in 1989
10,018 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 32444, Lynn Haven, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 9,092 (100%) |
| Owner Occupied HU | 6,097 (67.1%) |
| Renter Occupied HU | 1,855 (20.4%) |
| Vacant Housing Units | 1,140 (12.5%) |
| Median Home Value | $376,114 |
| Average Home Value | $436,347 |
Housing Distribution
Address Breakdown
Residential
9,098
Single Family
8,225
Multi-Family
873
Businesses
639
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Listed by: Kim Douglas • True Coastal Realty PLLC
Mls Name: CPAR
Mls Provider:
Mls ID: #766093
Disclaimer: IDX information is provided exclusively for consumers personal, non-commercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data is deemed reliable but is not guaranteed accurate by the MLS.