384 Crescent Lake Shore DrCrescent 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
Rental property for sale in Crescent City at 384 Crescent Lake Shore Dr, Crescent City, FL, 32112 offers $1,873/mo rent that, after a $2,056/mo payment. Total monthly income is $1,873/mo. Return on cash invested measures 12.03% in year one, and rental yield stands at 5.35% at a $420,000 entry. Equity gained on principal adds $2,710/yr while 5% annual appreciation compounds into $116,038 by year five. Five-year ROI records 61.17% and total cumulative return in cash reaches $85,171. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $1,873/mo property income versus a $2,056/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Manufactured
Built in 1997
2.96 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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Nearby investment properties with comparable prices
Listed by: Guy Kinsman • Watson Realty Corporation
Mls Name: DBAMLS
Mls ID: #1222029