23 Ac Hwy #2GracevilleFL32440
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
Investment Highlights
Investment property for sale in Graceville at 23 Ac Hwy #2, Graceville, FL, 32440 at $199,000 posts ROI 24.1% with $230/mo cash flow from $1,551/mo rent. Total monthly income equals $1,551/mo, and annual cash flow records $2,765/yr on $65,969 to close. Return on cash invested measures 24.1% and rental yield reads 9.35% at the current $199,000. Equity gained on principal adds $1,284/yr, and 5% annual appreciation supports $54,980 by year five. Five-year ROI prints 125.94% and total cumulative return in cash totals $83,082.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $1,551/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in N/A
23.51 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 32440, Graceville, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,459 (100%) |
| Owner Occupied HU | 1,550 (63.0%) |
| Renter Occupied HU | 652 (26.5%) |
| Vacant Housing Units | 257 (10.5%) |
| Median Home Value | $119,744 |
| Average Home Value | $189,998 |
Housing Distribution
Address Breakdown
Residential
2,383
Single Family
2,275
Multi-Family
108
Businesses
185
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Kelly L Smith • Keller Williams Realty Southeast Alabama
Mls Name: CPAR
Mls ID: #780006