231 Alabama StCrescent CityFL32112
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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 Crescent City at 231 Alabama St, Crescent City, FL, 32112 with 5% annual appreciation on a $109,000 basis while $827/mo rent supports operations. Total monthly income totals $827/mo and a $534/mo payment preserves $68/mo for cash returns. Annual cash flow comes to $816/yr on $36,134 deployed, and return on cash invested reaches 22.17% in year one. Equity gained on principal adds $703/yr, and five-year appreciation sums $30,115 alongside rental yield of 9.1%. Five-year ROI measures 116.13% and total cumulative return in cash totals $41,962.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $827/mo property income versus a $534/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Manufactured
Built in 1971
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 32112, Crescent City, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 4,041 (100%) |
| Owner Occupied HU | 2,488 (61.6%) |
| Renter Occupied HU | 704 (17.4%) |
| Vacant Housing Units | 849 (21.0%) |
| Median Home Value | $229,481 |
| Average Home Value | $338,020 |
Housing Distribution
Address Breakdown
Residential
3,323
Single Family
3,292
Multi-Family
31
Businesses
227
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Listed by: Meredith Willman • Gaff's Realty Company
Mls Name: DBAMLS
Mls Provider:
Mls ID: #1210909
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.