349 OLD Highway UNIT 17Crescent CityFL32112
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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 Crescent City at 349 OLD Highway UNIT 17, Crescent City, FL, 32112 listed at $182,900 pairs $1,446/mo rent with a $895/mo payment to leave $232/mo cash flow. Total monthly income runs $1,446/mo, and annual cash flow reaches $2,789/yr on $60,631 cash to close. Return on cash invested measures 24.51% in year one, and rental yield registers 9.49% at a $182,900 basis. Equity gained on principal adds $1,180/yr, and annual property appreciation at 5% supports $50,532 by year five. Five-year ROI tracks 128.14% and total cumulative return in cash totals $77,691. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $1,446/mo property income relative to a $895/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Manufactured
Built in 2003
0.61 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 32112, Crescent City, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 4,041 (100%) |
| Owner Occupied HU | 2,488 (61.6%) |
| Renter Occupied HU | 704 (17.4%) |
| Vacant Housing Units | 849 (21.0%) |
| Median Home Value | $229,481 |
| Average Home Value | $338,020 |
Housing Distribution
Address Breakdown
Residential
3,323
Single Family
3,292
Multi-Family
31
Businesses
227
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Listed by: ALICE DARLENE CURRY • CENTURY 21 TRITON REALTY
Mls Name: realMLS
Mls Provider:
Mls ID: #2043878
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. Data is deemed reliable but is not guaranteed accurate by realMLS.