334 Old Bay City RdWewahitchkaFL32465
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 Wewahitchka at 334 Old Bay City Rd, Wewahitchka, FL, 32465 at $159,995 posts ROI 23.7% with $167/mo cash flow from $1,229/mo rent. Total monthly income equals $1,229/mo, and annual cash flow records $2,008/yr on $53,038 to close. Return on cash invested measures 23.7% and rental yield reads 9.22% at the current $159,995. Equity gained on principal adds $1,032/yr, and 5% annual appreciation supports $44,204 by year five. Five-year ROI prints 123.8% and total cumulative return in cash totals $65,664.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $1,229/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Manufactured
Built in 2012
1 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 32465, Wewahitchka, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,609 (100%) |
| Owner Occupied HU | 2,126 (58.9%) |
| Renter Occupied HU | 543 (15.0%) |
| Vacant Housing Units | 940 (26.0%) |
| Median Home Value | $199,412 |
| Average Home Value | $271,450 |
Housing Distribution
Address Breakdown
Residential
2,818
Single Family
2,818
Multi-Family
0
Businesses
149
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Nearby investment properties with comparable prices
Listed by: Scott W Fader • Joseph Walter Realty LLC
Mls Name: CPAR
Mls Provider:
Mls ID: #778077
Disclaimer: IDX information is provided exclusively for consumers personal, non-commercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data is deemed reliable but is not guaranteed accurate by the MLS.