2224 Colonial AveNavarreFL32566
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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 Navarre at 2224 Colonial Ave, Navarre, FL, 32566 uses $49,692 cash to close to unlock $1,835/yr annual cash flow and $153/mo monthly cash flow. Total monthly income runs $1,148/mo, and a $734/mo payment keeps the spread at $153/mo. Purchase price stands at $149,900, and rental yield measures 9.19% with $1,148/mo rent. Return on cash invested shows 23.6% in year one, and 5% annual appreciation builds toward $41,415 over five years. Five-year ROI reaches 123.23% and total cumulative return in cash records $61,235. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,148/mo property income covering a $734/mo payment rather than investor’s personal income.
Single Family
Built in 1997
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 32566, Navarre, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 20,513 (100%) |
| Owner Occupied HU | 14,355 (70.0%) |
| Renter Occupied HU | 3,832 (18.7%) |
| Vacant Housing Units | 2,326 (11.3%) |
| Median Home Value | $401,900 |
| Average Home Value | $451,144 |
Housing Distribution
Address Breakdown
Residential
19,041
Single Family
18,600
Multi-Family
441
Businesses
760
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