271 Waterview AveWewahitchkaFL32465
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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 Wewahitchka at 271 Waterview Ave, Wewahitchka, FL, 32465 offers a 9% rental yield on a $160,000 purchase with $1,200/mo rent. Total monthly income registers $1,200/mo, and a $783/mo payment leaves $138/mo available for distribution. Annual cash flow reaches $1,660/yr on $53,040 to close, and return on cash invested stands at 23.04% in year one. Equity gained on principal adds $1,032/yr while 5% annual appreciation supports $44,205 over five years. Portfolio math shows five-year ROI at 120.25% and total cumulative return in cash at $63,782. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,200/mo property income against a $783/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Manufactured
Built in 2017
7,492 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 32465, Wewahitchka, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,609 (100%) |
| Owner Occupied HU | 2,126 (58.9%) |
| Renter Occupied HU | 543 (15.0%) |
| Vacant Housing Units | 940 (26.0%) |
| Median Home Value | $199,412 |
| Average Home Value | $271,450 |
Housing Distribution
Address Breakdown
Residential
2,818
Single Family
2,818
Multi-Family
0
Businesses
149
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Listed by: Carla Ashabranner • Selling The Coast
Mls Name: Forgotten Coast Realtor Association
Mls ID: #323945