2917 Palmetto Ridge WayLynn HavenFL32444
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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 Lynn Haven at 2917 Palmetto Ridge Way, Lynn Haven, FL, 32444 earns $63/mo cash flow from $2,047/mo rent with a $1,463/mo payment. Total monthly income totals $2,047/mo, and annual cash flow totals $759/yr on $99,119 capital. ROI tracks 20.67% on current figures, and rental yield reads 8.22% at a $299,000 purchase. Equity gained on principal adds $1,929/yr, and 5% annual appreciation supports $82,608 over five years. Five-year ROI reaches 107.58% and total cumulative return in cash sums $106,630. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $2,047/mo property income instead of your personal income.
Townhouse
Built in 2008
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 32444, Lynn Haven, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 9,092 (100%) |
| Owner Occupied HU | 6,097 (67.1%) |
| Renter Occupied HU | 1,855 (20.4%) |
| Vacant Housing Units | 1,140 (12.5%) |
| Median Home Value | $376,114 |
| Average Home Value | $436,347 |
Housing Distribution
Address Breakdown
Residential
9,098
Single Family
8,225
Multi-Family
873
Businesses
639
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Listed by: Dawn C Egan • CENTURY 21 Commander Realty
Mls Name: CPAR
Mls ID: #782097