332 Royal Tern CtCarrabelleFL32322
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 Carrabelle at 332 Royal Tern Ct, Carrabelle, FL, 32322 earns $894/mo cash flow from $4,060/mo rent with a $2,335/mo payment. Total monthly income totals $4,060/mo, and annual cash flow totals $10,731/yr on $158,126 capital. ROI tracks 26.7% on current figures, and rental yield reads 10.21% at a $477,000 purchase. Equity gained on principal adds $3,078/yr, and 5% annual appreciation supports $131,786 over five years. Five-year ROI reaches 139.83% and total cumulative return in cash sums $221,111. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $4,060/mo property income instead of your personal income.
Single Family
Built in 2023
0.26 Acres 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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Ralph Harvey • Listwithfreedom.com
Mls Name: TBR
Mls ID: #394818