2600 County Highway 183 SDefuniak springsFL32435
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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
Investment property for sale in Defuniak springs at 2600 County Highway 183 S, Defuniak springs, FL, 32435 uses $66,300 cash to close to unlock $2,552/yr annual cash flow and $213/mo monthly cash flow. Total monthly income runs $1,540/mo, and a $979/mo payment keeps the spread at $213/mo. Purchase price stands at $199,999, and rental yield measures 9.24% with $1,540/mo rent. Return on cash invested shows 23.76% in year one, and 5% annual appreciation builds toward $55,256 over five years. Five-year ROI reaches 124.08% and total cumulative return in cash records $82,268. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,540/mo property income covering a $979/mo payment rather than investor’s personal income.
Manufactured
Built in 1990
11.50 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 32435, Defuniak Springs, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,547 (100%) |
| Owner Occupied HU | 2,236 (63.0%) |
| Renter Occupied HU | 840 (23.7%) |
| Vacant Housing Units | 471 (13.3%) |
| Median Home Value | $226,724 |
| Average Home Value | $300,948 |
Housing Distribution
Address Breakdown
Residential
3,059
Single Family
2,965
Multi-Family
94
Businesses
481
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Listed by: Kialea B Madden • Southern Choice Properties Llc
Mls Name: ECAOR
Mls ID: #982721