3720 Rock Hill RdDefuniak SpringsFL32435
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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 Defuniak Springs at 3720 Rock Hill Rd, Defuniak Springs, FL, 32435 generates $1,728/mo in rent and, after a $769/mo payment, leaves $685/mo in cash flow. Total monthly income is $1,728/mo, and annual cash flow is $8,225/yr on $52,079 invested. Return on cash invested sits at 35.7% in year one, and rental yield is 13.2% on a $157,100 entry. Equity gained on principal adds $1,014/yr, while 5% annual appreciation builds toward $43,404 over five years. Five-year ROI reaches 188.17% and total cumulative return in cash sums $97,995. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,728/mo property income rather than buyer’s personal income.
Manufactured
Built in 1992
2.13 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 32435, Defuniak Springs, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,547 (100%) |
| Owner Occupied HU | 2,236 (63.0%) |
| Renter Occupied HU | 840 (23.7%) |
| Vacant Housing Units | 471 (13.3%) |
| Median Home Value | $226,724 |
| Average Home Value | $300,948 |
Housing Distribution
Address Breakdown
Residential
3,059
Single Family
2,965
Multi-Family
94
Businesses
481
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Listed by: Cosmo M Spellings • Assurance Realty of NWFL LLC
Mls Name: ECAOR
Mls Provider:
Mls ID: #945181
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. Information is deemed reliable but not guaranteed. Member number: 28189