2348 Darvas DrNavarreFL32566
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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
Rental property for sale in Navarre at 2348 Darvas Dr, Navarre, FL, 32566 priced at $450,000 converts $2,872/mo rent into after a $2,203/mo obligation. Total monthly income equals $2,872/mo. Return on cash invested prints 18.99% in year one, and rental yield reads 7.66% against a $450,000 entry. Equity gained on principal adds $2,904/yr, while 5% annual appreciation compiles into $124,327 by year five. Five-year ROI reaches 98.51% and total cumulative return in cash sums $146,946. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $2,872/mo property income covering a $2,203/mo payment, not borrower’s personal income.
Single Family
Built in 1984
0.49 Acres 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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Listed by: Ashley Merrick • MERRICK REALTY
Mls Name: Navarre Area BOR
Mls Provider:
Mls ID: #975448
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.