316 Alabama AveLynn 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
Rental property for sale in Lynn Haven at 316 Alabama Ave, Lynn Haven, FL, 32444 priced at $480,000 converts $2,808/mo rent into after a $2,349/mo obligation. Total monthly income equals $2,808/mo. Return on cash invested prints 17.07% in year one, and rental yield reads 7.02% against a $480,000 entry. Equity gained on principal adds $3,097/yr, while 5% annual appreciation compiles into $132,615 by year five. Five-year ROI reaches 88.16% and total cumulative return in cash sums $140,285. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $2,808/mo property income covering a $2,349/mo payment, not borrower’s personal income.
Single Family
Built in 1978
0.43 Acres 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: Fatima Jorgensen • CostaBella Real Estate, LLC
Mls Name: CPAR
Mls ID: #779744