2609 Prominence LnCrestviewFL32536
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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 Crestview at 2609 Prominence Ln, Crestview, FL, 32536 offers $2,670/mo rent that, after a $1,894/mo payment, leaves $73/mo cash flow. Total monthly income is $2,670/mo, and annual cash flow is $874/yr on $128,291 cash. Return on cash invested measures 20.59% in year one, and rental yield stands at 8.28% at a $387,000 entry. Equity gained on principal adds $2,497/yr while 5% annual appreciation compounds into $106,921 by year five. Five-year ROI records 107.17% and total cumulative return in cash reaches $137,486. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $2,670/mo property income versus a $1,894/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 2003
10,880 sqft lot
$N/A/sqft
$350 annually HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 32536, Crestview, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 11,304 (100%) |
| Owner Occupied HU | 7,146 (63.2%) |
| Renter Occupied HU | 3,359 (29.7%) |
| Vacant Housing Units | 799 ( 7.1%) |
| Median Home Value | $343,874 |
| Average Home Value | $452,005 |
Housing Distribution
Address Breakdown
Residential
10,735
Single Family
9,865
Multi-Family
870
Businesses
1,082
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Listed by: Michael A Johnson • Century 21 BE3
Mls Name: ECAOR
Mls Provider:
Mls ID: #973924
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