233 Tennessee StWewahitchkaFL32465
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
Rental property for sale in Wewahitchka at 233 Tennessee St, Wewahitchka, FL, 32465 priced at $129,700 pairs $1,001/mo rent with $140/mo cash flow after a $635/mo payment. Total monthly income equals $1,001/mo, and annual cash flow comes to $1,681/yr on $42,996 invested. Return on cash invested is 23.82% in year one, and rental yield stands at 9.26% on a $129,700 basis. Equity gained on principal adds $837/yr, and 5% annual appreciation accumulates to $35,834 by year five. Five-year ROI measures 124.52% and total cumulative return in cash reaches $53,537. For financing, Ziffy Mortgage’s DSCR program evaluates $1,001/mo property income against a $635/mo payment instead of your W2s, 1099s, or Tax returns.
Manufactured
Built in 2019
0.27 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 32465, Wewahitchka, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,609 (100%) |
| Owner Occupied HU | 2,126 (58.9%) |
| Renter Occupied HU | 543 (15.0%) |
| Vacant Housing Units | 940 (26.0%) |
| Median Home Value | $199,412 |
| Average Home Value | $271,450 |
Housing Distribution
Address Breakdown
Residential
2,818
Single Family
2,818
Multi-Family
0
Businesses
149
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Lilia M Cabezas • Century 21 BE3
Mls Name: CPAR
Mls ID: #780069