2509 Lakewood LnNavarreFL32566
INVESTMENT ANALYSIS
Investment Verdict
Income-ProducingCapital preservation and steady income define 2509 Lakewood Ln, Navarre, FL, 32566 in Navarre. Rental yield 6.24%. The 1.16 coverage passes Ziffy Mortgage's DSCR threshold for non-U.S. residents. Five-year appreciation of $211,328 and $7,045/yr in principal reduction project total return of $220,633.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 6.2% | 7.5% |
| Monthly Cash Flow | $(1,102) | $1,500 |
City averages based on Navarre market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $3,974 |
| Total Monthly Debt Service | $4,772 |
| DSCR Ratio | 0.83x |
Ziffy Mortgage typically prefers a DSCR of 1.0+, but in some cases you may qualify with a DSCR below 1. To explore if this deal qualifies for an investment mortgage, book time with your loan officer →
Estimates assume 6.0% rate / 30-yr fixed, 30% down, 1% tax, 0.5% insurance. Not a commitment to lend.
Single Family
Built in 1998
1.30 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
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
Single Family
Built in 1998
1.30 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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Ruth Reddick • The Property Group 850 Inc
Mls Name: ECAOR
Mls Provider:
Mls ID: #951302
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. Member number: 28189