405 Charleston AveCrystal BeachFL34681
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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 Crystal Beach at 405 Charleston Ave, Crystal Beach, FL, 34681 priced at $919,000 converts $4,826/mo rent into after a $4,498/mo obligation. Total monthly income equals $4,826/mo. Return on cash invested prints 15.01% in year one, and rental yield reads 6.3% against a $919,000 entry. Equity gained on principal adds $5,930/yr, while 5% annual appreciation compiles into $253,903 by year five. Five-year ROI reaches 77.13% and total cumulative return in cash sums $233,209. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $4,826/mo property income covering a $4,498/mo payment, not borrower’s personal income.
Single Family
Built in 1983
8,999 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 34681, Crystal Beach, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,068 (100%) |
| Owner Occupied HU | 803 (75.2%) |
| Renter Occupied HU | 132 (12.4%) |
| Vacant Housing Units | 133 (12.5%) |
| Median Home Value | $599,729 |
| Average Home Value | $697,914 |
Housing Distribution
Address Breakdown
Residential
1
Single Family
1
Multi-Family
0
Businesses
26
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Listed by: Len Lipply • LIPPLY REAL ESTATE
Mls Name: Stellar MLS
Mls ID: #TB8411978