2830 Penn AveMariannaFL32448
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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 Marianna at 2830 Penn Ave, Marianna, FL, 32448 offers a 13% rental yield on a $234,700 purchase with $2,543/mo rent. Total monthly income registers $2,543/mo, and a $1,149/mo payment leaves $933/mo available for distribution. Annual cash flow reaches $11,194/yr on $77,803 to close, and return on cash invested stands at 34.3% in year one. Equity gained on principal adds $1,514/yr while 5% annual appreciation supports $64,843 over five years. Portfolio math shows five-year ROI at 180.86% and total cumulative return in cash at $140,718. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $2,543/mo property income against a $1,149/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1970
0.98 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 32448, Marianna, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 4,241 (100%) |
| Owner Occupied HU | 2,495 (58.8%) |
| Renter Occupied HU | 1,128 (26.6%) |
| Vacant Housing Units | 618 (14.6%) |
| Median Home Value | $122,132 |
| Average Home Value | $169,074 |
Housing Distribution
Address Breakdown
Residential
3,843
Single Family
3,583
Multi-Family
260
Businesses
292
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