405 N Cherry StBunnellFL32110
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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 Bunnell at 405 N Cherry St, Bunnell, FL, 32110 offers a 8.32% rental yield on a $297,000 purchase with $2,059/mo rent. Total monthly income registers $2,059/mo, and a $1,454/mo payment leaves $88/mo available for distribution. Annual cash flow reaches $1,053/yr on $98,456 to close, and return on cash invested stands at 20.98% in year one. Equity gained on principal adds $1,916/yr while 5% annual appreciation supports $82,056 over five years. Portfolio math shows five-year ROI at 109.18% and total cumulative return in cash at $107,490. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $2,059/mo property income against a $1,454/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1972
10,503 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 32110, Bunnell, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 5,032 (100%) |
| Owner Occupied HU | 3,590 (71.3%) |
| Renter Occupied HU | 944 (18.8%) |
| Vacant Housing Units | 498 ( 9.9%) |
| Median Home Value | $336,904 |
| Average Home Value | $352,442 |
Housing Distribution
Address Breakdown
Residential
4,386
Single Family
4,385
Multi-Family
1
Businesses
799
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