20823 SE Elmore AveBlountstownFL32424
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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 Blountstown at 20823 SE Elmore Ave, Blountstown, FL, 32424 listed at $159,000 pairs $1,212/mo rent with a $778/mo payment to leave $157/mo cash flow. Total monthly income runs $1,212/mo, and annual cash flow reaches $1,885/yr on $52,709 cash to close. Return on cash invested measures 23.49% in year one, and rental yield registers 9.15% at a $159,000 basis. Equity gained on principal adds $1,026/yr, and annual property appreciation at 5% supports $43,929 by year five. Five-year ROI tracks 122.69% and total cumulative return in cash totals $64,668. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $1,212/mo property income relative to a $778/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1960
0.95 Acres 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
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Listed by: Ouida M Morris • CENTURY 21 Sunny South Properties
Mls Name: CPAR
Mls ID: #782518