2436 Cove RdNavarreFL32566
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 Navarre at 2436 Cove Rd, Navarre, FL, 32566 earns $526/mo cash flow from $3,148/mo rent with a $1,899/mo payment. Total monthly income totals $3,148/mo, and annual cash flow totals $6,316/yr on $128,589 capital. ROI tracks 24.82% on current figures, and rental yield reads 9.74% at a $387,900 purchase. Equity gained on principal adds $2,503/yr, and 5% annual appreciation supports $107,170 over five years. Five-year ROI reaches 129.94% and total cumulative return in cash sums $167,085. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $3,148/mo property income instead of your personal income.
Single Family
Built in 2003
0.46 Acres lot
$N/A/sqft
$565 annually 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: Robin Bennett • SOUTHERN SHORES REALTY, INC.
Mls Name: PAR
Mls Provider:
Mls ID: #664645
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