318 Oak Ridge Cemetery RdDefuniak 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
Total monthly income runs $2,452/mo, and a $2,423/mo payment. Purchase price stands at $495,000, and rental yield measures 5.94% with $2,452/mo rent. Return on cash invested shows 13.82% in year one, and 5% annual appreciation builds toward $136,759 over five years. Five-year ROI reaches 70.76% and total cumulative return in cash records $116,110. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,452/mo property income covering a $2,423/mo payment rather than investor’s personal income.
Single Family
Built in 1985
31.03 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: Bruce R Naylor • Naylor Realty And Associates
Mls Name: ECAOR
Mls ID: #977753