411 E Sloss AveDefuniak SpringsFL32433
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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 411 E Sloss Ave, Defuniak Springs, FL, 32433 offers $1,770/mo rent that, after a $1,072/mo payment, leaves $317/mo cash flow. Total monthly income is $1,770/mo, and annual cash flow is $3,799/yr on $72,599 cash. Return on cash invested measures 25.14% in year one, and rental yield stands at 9.7% at a $219,000 entry. Equity gained on principal adds $1,413/yr while 5% annual appreciation compounds into $60,506 by year five. Five-year ROI records 131.5% and total cumulative return in cash reaches $95,469. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $1,770/mo property income versus a $1,072/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 1960
0.36 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 32433, Defuniak Springs, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 8,353 (100%) |
| Owner Occupied HU | 5,392 (64.6%) |
| Renter Occupied HU | 1,793 (21.5%) |
| Vacant Housing Units | 1,168 (14.0%) |
| Median Home Value | $173,082 |
| Average Home Value | $280,402 |
Housing Distribution
Address Breakdown
Residential
7,626
Single Family
7,510
Multi-Family
116
Businesses
308
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Listed by: Anahilia Renteria Leon • Realty Pointe of Florida LLC
Mls Name: ECAOR
Mls ID: #992800