20715 SE Elmore AveBlountstownFL32424
INVESTMENT ANALYSIS
Investment Verdict
Appreciation PlayInvestors who prioritise long-run asset value over immediate income should consider 20715 SE Elmore Ave, Blountstown, FL, 32424 in Blountstown. Rental yield 0%. At $135,000 with 0% gross yield, current distributions are modest, but the 5% appreciation rate projects $37,298 in new equity by year five, complemented by $1,243/yr in principal paydown. Ziffy Mortgage's DSCR loan (2.21) allows non-U.S. residents to acquire without W-2s or domestic credit. Total projected five-year cumulative return: $80,174.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 0% | 6.0% |
| Monthly Cash Flow | $0 | $300 |
City averages based on Blountstown market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $1,342 |
| Total Monthly Debt Service | $842 |
| DSCR Ratio | 1.59x |
Ziffy Mortgage: Your DSCR most likely meets our 1.0+ requirement, so you'll most probably qualify for our standard DSCR investment loan program. To pre-qualify, book time with your loan officer →
Estimates assume 6.0% rate / 30-yr fixed, 30% down, 1% tax, 0.5% insurance. Not a commitment to lend.
Single Family
Built in 1955
8,276 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 32424, Blountstown, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,507 (100%) |
| Owner Occupied HU | 1,597 (63.7%) |
| Renter Occupied HU | 544 (21.7%) |
| Vacant Housing Units | 366 (14.6%) |
| Median Home Value | $197,596 |
| Average Home Value | $257,376 |
Housing Distribution
Address Breakdown
Residential
2,155
Single Family
2,108
Multi-Family
47
Businesses
301
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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
Single Family
Built in 1955
8,276 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 32424, Blountstown, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,507 (100%) |
| Owner Occupied HU | 1,597 (63.7%) |
| Renter Occupied HU | 544 (21.7%) |
| Vacant Housing Units | 366 (14.6%) |
| Median Home Value | $197,596 |
| Average Home Value | $257,376 |
Housing Distribution
Address Breakdown
Residential
2,155
Single Family
2,108
Multi-Family
47
Businesses
301
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Hudson M Willis • LPT Realty
Mls Name: TBR
Mls Provider:
Mls ID: #381690
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.