3024 Meadow StLynn 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 3024 Meadow St, Lynn Haven, FL, 32444 uses $79,229 cash to close to unlock $2,601/yr annual cash flow and $217/mo monthly cash flow. Total monthly income runs $1,803/mo, and a $1,170/mo payment keeps the spread at $217/mo. Purchase price stands at $239,000, and rental yield measures 9.05% with $1,803/mo rent. Return on cash invested shows 23.19% in year one, and 5% annual appreciation builds toward $66,031 over five years. Five-year ROI reaches 121.03% and total cumulative return in cash records $95,892. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,803/mo property income covering a $1,170/mo payment rather than investor’s personal income.
Townhouse
Built in 2005
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: Crystal Duncan • Paradise Properties of NW Florida
Mls Name: CPAR
Mls ID: #782972