3871 Second AveLaurel HillFL32567
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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 Laurel Hill at 3871 Second Ave, Laurel Hill, FL, 32567 uses $69,449 cash to close to unlock $337/yr annual cash flow and $28/mo monthly cash flow. Total monthly income runs $1,418/mo, and a $1,025/mo payment keeps the spread at $28/mo. Purchase price stands at $209,500, and rental yield measures 8.12% with $1,418/mo rent. Return on cash invested shows 20.39% in year one, and 5% annual appreciation builds toward $57,881 over five years. Five-year ROI reaches 106.1% and total cumulative return in cash records $73,683. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,418/mo property income covering a $1,025/mo payment rather than investor’s personal income.
Single Family
Built in 2024
0.26 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 32567, Laurel Hill, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,214 (100%) |
| Owner Occupied HU | 1,598 (72.2%) |
| Renter Occupied HU | 260 (11.7%) |
| Vacant Housing Units | 356 (16.1%) |
| Median Home Value | $256,597 |
| Average Home Value | $421,516 |
Housing Distribution
Address Breakdown
Residential
2,134
Single Family
2,134
Multi-Family
0
Businesses
54
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Listed by: Nikita M Chapman • Realty ONE Group Emerald Coast
Mls Name: ECAOR
Mls ID: #984842