2174 Kentucky AveCarrabelleFL32322
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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 2174 Kentucky Ave, Carrabelle, FL, 32322 with 5% annual appreciation on a $174,500 basis while $2,472/mo rent supports operations. Total monthly income totals $2,472/mo and a $854/mo payment preserves $1,314/mo for cash returns. Annual cash flow comes to $15,769/yr on $57,847 deployed, and return on cash invested reaches 47.17% in year one. Equity gained on principal adds $1,126/yr, and five-year appreciation sums $48,211 alongside rental yield of 17%. Five-year ROI measures 249.71% and total cumulative return in cash totals $144,450.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $2,472/mo property income versus a $854/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Manufactured
Built in 1994
8,276 sqft 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: Dean Rogers • Bluewater Realty Group
Mls Name: TBR
Mls Provider:
Mls ID: #376041
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.