301 Dorsey AveDefuniak SpringsFL32435
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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 301 Dorsey Ave, Defuniak Springs, FL, 32435 at $145,000 posts ROI 23.44% with $141/mo cash flow from $1,104/mo rent. Total monthly income equals $1,104/mo, and annual cash flow records $1,698/yr on $48,068 to close. Return on cash invested measures 23.44% and rental yield reads 9.14% at the current $145,000. Equity gained on principal adds $936/yr, and 5% annual appreciation supports $40,061 by year five. Five-year ROI prints 122.44% and total cumulative return in cash totals $58,856.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $1,104/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 1968
0.31 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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Sally R Merrifield • Merrifield & Pilcher Realty
Mls Name: ECAOR
Mls Provider:
Mls ID: #968243
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