414 Bimini LnBunnellFL32110
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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 414 Bimini Ln, Bunnell, FL, 32110 with 5% annual appreciation on a $199,900 basis while $1,937/mo rent supports operations. Total monthly income totals $1,937/mo and a $978/mo payment preserves $611/mo for cash returns. Annual cash flow comes to $7,330/yr on $66,267 deployed, and return on cash invested reaches 30.97% in year one. Equity gained on principal adds $1,290/yr, and five-year appreciation sums $55,229 alongside rental yield of 11.63%. Five-year ROI measures 162.76% and total cumulative return in cash totals $107,857.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $1,937/mo property income versus a $978/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Manufactured
Built in 1988
2.50 Acres 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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