2909 Five Oaks LnShalimarFL32579
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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 Shalimar at 2909 Five Oaks Ln, Shalimar, FL, 32579 uses $129,285 cash to close to unlock $2,671/yr annual cash flow and $223/mo monthly cash flow. Total monthly income runs $2,875/mo, and a $1,909/mo payment keeps the spread at $223/mo. Purchase price stands at $390,000, and rental yield measures 8.85% with $2,875/mo rent. Return on cash invested shows 21.98% in year one, and 5% annual appreciation builds toward $107,750 over five years. Five-year ROI reaches 114.74% and total cumulative return in cash records $148,340. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,875/mo property income covering a $1,909/mo payment rather than investor’s personal income.
Single Family
Built in 2010
3,920 sqft lot
$N/A/sqft
$450 annually HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 32579, Shalimar, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 4,871 (100%) |
| Owner Occupied HU | 3,192 (65.5%) |
| Renter Occupied HU | 1,384 (28.4%) |
| Vacant Housing Units | 295 ( 6.1%) |
| Median Home Value | $499,269 |
| Average Home Value | $603,446 |
Housing Distribution
Address Breakdown
Residential
4,903
Single Family
4,280
Multi-Family
623
Businesses
321
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Listed by: Andrew Tidwell • Sound Choice Real Estate LLC
Mls Name: ECAOR
Mls Provider:
Mls ID: #980909
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