263 Lancelot RdDefuniak SpringsFL32433
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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 263 Lancelot Rd, Defuniak Springs, FL, 32433 earns $179/mo cash flow from $1,304/mo rent with a $830/mo payment. Total monthly income totals $1,304/mo, and annual cash flow totals $2,145/yr on $56,189 capital. ROI tracks 23.73% on current figures, and rental yield reads 9.23% at a $169,500 purchase. Equity gained on principal adds $1,094/yr, and 5% annual appreciation supports $46,830 over five years. Five-year ROI reaches 123.92% and total cumulative return in cash sums $69,632. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $1,304/mo property income instead of your personal income.
Manufactured
Built in 2002
1 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 32433, Defuniak Springs, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 8,353 (100%) |
| Owner Occupied HU | 5,392 (64.6%) |
| Renter Occupied HU | 1,793 (21.5%) |
| Vacant Housing Units | 1,168 (14.0%) |
| Median Home Value | $173,082 |
| Average Home Value | $280,402 |
Housing Distribution
Address Breakdown
Residential
7,626
Single Family
7,510
Multi-Family
116
Businesses
308
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Listed by: Janet S Hurst • DeFuniak Realty LLC
Mls Name: ECAOR
Mls ID: #990279