317 Merlin CtCrestviewFL32539
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 Crestview at 317 Merlin Ct, Crestview, FL, 32539 offers a 9.09% rental yield on a $439,900 purchase with $3,331/mo rent. Total monthly income registers $3,331/mo, and a $2,153/mo payment leaves $330/mo available for distribution. Annual cash flow reaches $3,964/yr on $145,827 to close, and return on cash invested stands at 22.63% in year one. Equity gained on principal adds $2,839/yr while 5% annual appreciation supports $121,536 over five years. Portfolio math shows five-year ROI at 118.26% and total cumulative return in cash at $172,455. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $3,331/mo property income against a $2,153/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 2019
10,018 sqft lot
$N/A/sqft
$217 quarterly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 32539, Crestview, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 13,802 (100%) |
| Owner Occupied HU | 9,569 (69.3%) |
| Renter Occupied HU | 3,217 (23.3%) |
| Vacant Housing Units | 1,016 ( 7.4%) |
| Median Home Value | $353,112 |
| Average Home Value | $444,509 |
Housing Distribution
Address Breakdown
Residential
13,286
Single Family
13,183
Multi-Family
103
Businesses
286
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Tomasz A Bielenin • RE/MAX Agency One
Mls Name: ECAOR
Mls Provider:
Mls ID: #966459
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