451 Hunters Ridge RdDefuniak 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
Investment property for sale in Defuniak Springs at 451 Hunters Ridge Rd, Defuniak Springs, FL, 32433 with 5% annual appreciation on a $279,700 basis while $2,477/mo rent supports operations. Total monthly income totals $2,477/mo and a $1,369/mo payment preserves $585/mo for cash returns. Annual cash flow comes to $7,014/yr on $92,721 deployed, and return on cash invested reaches 27.47% in year one. Equity gained on principal adds $1,805/yr, and five-year appreciation sums $77,276 alongside rental yield of 10.63%. Five-year ROI measures 144.17% and total cumulative return in cash totals $133,678.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $2,477/mo property income versus a $1,369/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 2013
8,712 sqft lot
$N/A/sqft
$109 quarterly 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: Lisa Morgan • World Impact Real Estate
Mls Name: ECAOR
Mls Provider:
Mls ID: #956834
Disclaimer: IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed. Member number: 28189