2662 Saltgrass WayCrestviewFL32536
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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 Crestview at 2662 Saltgrass Way, Crestview, FL, 32536 uses $105,749 cash to close to unlock $4,709/yr annual cash flow and $392/mo monthly cash flow. Total monthly income runs $2,509/mo, and a $1,561/mo payment keeps the spread at $392/mo. Purchase price stands at $319,000, and rental yield measures 9.44% with $2,509/mo rent. Return on cash invested shows 24.36% in year one, and 5% annual appreciation builds toward $88,134 over five years. Five-year ROI reaches 127.33% and total cumulative return in cash records $134,653. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,509/mo property income covering a $1,561/mo payment rather than investor’s personal income.
Single Family
Built in 2024
0.26 Acres lot
$N/A/sqft
No 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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