331 Eagles Way UNIT 331CarrabelleFL32322
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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 Carrabelle at 331 Eagles Way UNIT 331, Carrabelle, FL, 32322 earns $484/mo cash flow from $3,304/mo rent with a $2,080/mo payment. Total monthly income totals $3,304/mo, and annual cash flow totals $5,805/yr on $140,888 capital. ROI tracks 24.03% on current figures, and rental yield reads 9.33% at a $425,000 purchase. Equity gained on principal adds $2,742/yr, and 5% annual appreciation supports $117,420 over five years. Five-year ROI reaches 125.52% and total cumulative return in cash sums $176,837. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $3,304/mo property income instead of your personal income.
Condo
Built in 2006
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 32322, Carrabelle, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,128 (100%) |
| Owner Occupied HU | 1,126 (52.9%) |
| Renter Occupied HU | 270 (12.7%) |
| Vacant Housing Units | 732 (34.4%) |
| Median Home Value | $286,000 |
| Average Home Value | $447,087 |
Housing Distribution
Address Breakdown
Residential
1,357
Single Family
1,357
Multi-Family
0
Businesses
122
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Listed by: Michael B Marquis • Anchor Realty Florida
Mls Name: CPAR
Mls ID: #774619