30-3 Parker AveCarrabelleFL32323
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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 Carrabelle at 30-3 Parker Ave, Carrabelle, FL, 32323 offers a 9.18% rental yield on a $100,000 purchase with $765/mo rent. Total monthly income registers $765/mo, and a $489/mo payment leaves $102/mo available for distribution. Annual cash flow reaches $1,222/yr on $33,150 to close, and return on cash invested stands at 23.6% in year one. Equity gained on principal adds $645/yr while 5% annual appreciation supports $27,628 over five years. Portfolio math shows five-year ROI at 123.2% and total cumulative return in cash at $40,840. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $765/mo property income against a $489/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Condo
Built in 1970
1,306 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 32323, Lanark Village, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 292 (100%) |
| Owner Occupied HU | 90 (30.8%) |
| Renter Occupied HU | 25 ( 8.6%) |
| Vacant Housing Units | 177 (60.6%) |
| Median Home Value | $290,909 |
| Average Home Value | $417,222 |
Housing Distribution
Address Breakdown
Residential
90
Single Family
0
Multi-Family
0
Businesses
8
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Listed by: M. Carlotta Smith Stauffer • Stauffer Realty LLC
Mls Name: TBR
Mls ID: #386904