3116 Calle De CortezNavarreFL32566
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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 Navarre at 3116 Calle De Cortez, Navarre, FL, 32566 listed at $397,000 pairs $2,732/mo rent with a $1,943/mo payment to leave $98/mo cash flow. Total monthly income runs $2,732/mo, and annual cash flow reaches $1,171/yr on $131,606 cash to close. Return on cash invested measures 20.8% in year one, and rental yield registers 8.26% at a $397,000 basis. Equity gained on principal adds $2,562/yr, and annual property appreciation at 5% supports $109,684 by year five. Five-year ROI tracks 108.21% and total cumulative return in cash totals $142,414. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $2,732/mo property income relative to a $1,943/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Manufactured
Built in 2005
0.37 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 32566, Navarre, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 20,513 (100%) |
| Owner Occupied HU | 14,355 (70.0%) |
| Renter Occupied HU | 3,832 (18.7%) |
| Vacant Housing Units | 2,326 (11.3%) |
| Median Home Value | $401,900 |
| Average Home Value | $451,144 |
Housing Distribution
Address Breakdown
Residential
19,041
Single Family
18,600
Multi-Family
441
Businesses
760
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Listed by: Hunter Pullum • Pullum Real Estate Group
Mls Name: Navarre Area BOR
Mls Provider:
Mls ID: #980745
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.