300 Bay AveDefuniak SpringsFL32435
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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 Defuniak Springs at 300 Bay Ave, Defuniak Springs, FL, 32435 uses $36,465 cash to close to unlock $12,605/yr annual cash flow and $1,050/mo monthly cash flow. Total monthly income runs $1,780/mo, and a $538/mo payment keeps the spread at $1,050/mo. Purchase price stands at $110,000, and rental yield measures 19.42% with $1,780/mo rent. Return on cash invested shows 54.48% in year one, and 5% annual appreciation builds toward $30,391 over five years. Five-year ROI reaches 288.9% and total cumulative return in cash records $105,348. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,780/mo property income covering a $538/mo payment rather than investor’s personal income.
Single Family
Built in 1930
0.32 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 32435, Defuniak Springs, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,547 (100%) |
| Owner Occupied HU | 2,236 (63.0%) |
| Renter Occupied HU | 840 (23.7%) |
| Vacant Housing Units | 471 (13.3%) |
| Median Home Value | $226,724 |
| Average Home Value | $300,948 |
Housing Distribution
Address Breakdown
Residential
3,059
Single Family
2,965
Multi-Family
94
Businesses
481
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Listed by: Austin B Arnold • Team Walton Real Estate Professionals
Mls Name: ECAOR
Mls ID: #990004