2421 Minnesota AveLynn HavenFL32444
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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 Lynn Haven at 2421 Minnesota Ave, Lynn Haven, FL, 32444 generates $2,032/mo in rent and, after a $1,150/mo payment, leaves $473/mo in cash flow. Total monthly income is $2,032/mo, and annual cash flow is $5,673/yr on $77,903 invested. Return on cash invested sits at 27.19% in year one, and rental yield is 10.38% on a $235,000 entry. Equity gained on principal adds $1,516/yr, while 5% annual appreciation builds toward $64,926 over five years. Five-year ROI reaches 142.49% and total cumulative return in cash sums $111,004. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,032/mo property income rather than buyer’s personal income.
Single Family
Built in 1989
6,098 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 32444, Lynn Haven, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 9,092 (100%) |
| Owner Occupied HU | 6,097 (67.1%) |
| Renter Occupied HU | 1,855 (20.4%) |
| Vacant Housing Units | 1,140 (12.5%) |
| Median Home Value | $376,114 |
| Average Home Value | $436,347 |
Housing Distribution
Address Breakdown
Residential
9,098
Single Family
8,225
Multi-Family
873
Businesses
639
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Listed by: Michael W Smith • CENTURY 21 Commander Realty
Mls Name: CPAR
Mls Provider:
Mls ID: #776447
Disclaimer: IDX information is provided exclusively for consumers personal, non-commercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data is deemed reliable but is not guaranteed accurate by the MLS.