450244 Old Dixie HwyCallahanFL32011
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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 Callahan at 450244 Old Dixie Hwy, Callahan, FL, 32011 generates $1,196/mo in rent and, after a $734/mo payment, leaves $201/mo in cash flow. Total monthly income is $1,196/mo, and annual cash flow is $2,409/yr on $49,725 invested. Return on cash invested sits at 24.75% in year one, and rental yield is 9.57% on a $150,000 entry. Equity gained on principal adds $968/yr, while 5% annual appreciation builds toward $41,442 over five years. Five-year ROI reaches 129.41% and total cumulative return in cash sums $64,350. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,196/mo property income rather than buyer’s personal income.
Single Family
Built in 1959
8,712 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 32011, Callahan, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 6,371 (100%) |
| Owner Occupied HU | 5,031 (79.0%) |
| Renter Occupied HU | 1,026 (16.1%) |
| Vacant Housing Units | 314 ( 4.9%) |
| Median Home Value | $389,094 |
| Average Home Value | $471,996 |
Housing Distribution
Address Breakdown
Residential
6,170
Single Family
6,142
Multi-Family
28
Businesses
352
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices