367 Okaloosa AveValparaisoFL32580
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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
Rental property for sale in Valparaiso at 367 Okaloosa Ave, Valparaiso, FL, 32580 priced at $449,000 pairs $3,281/mo rent with $301/mo cash flow after a $2,198/mo payment. Total monthly income equals $3,281/mo, and annual cash flow comes to $3,612/yr on $148,844 invested. Return on cash invested is 22.34% in year one, and rental yield stands at 8.77% on a $449,000 basis. Equity gained on principal adds $2,897/yr, and 5% annual appreciation accumulates to $124,050 by year five. Five-year ROI measures 116.44% and total cumulative return in cash reaches $173,308. For financing, Ziffy Mortgage’s DSCR program evaluates $3,281/mo property income against a $2,198/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 2003
0.25 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 32580, Valparaiso, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,009 (100%) |
| Owner Occupied HU | 1,275 (63.5%) |
| Renter Occupied HU | 603 (30.0%) |
| Vacant Housing Units | 131 ( 6.5%) |
| Median Home Value | $402,423 |
| Average Home Value | $495,335 |
Housing Distribution
Address Breakdown
Residential
1,990
Single Family
1,974
Multi-Family
16
Businesses
227
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Listed by: Chris Collins • ERA American Real Estate
Mls Name: ECAOR
Mls ID: #973111