








A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |


Rental property for sale in Callahan at 45185 IRVIN Road, Callahan, FL, 32011 priced at $339,000 converts $3,890/mo rent into $1,641/mo cash flow after a $1,659/mo obligation. Total monthly income equals $3,890/mo, and annual cash flow totals $19,687/yr on $112,379 invested. Return on cash invested prints 37.43% in year one, and rental yield reads 13.77% against a $339,000 entry. Equity gained on principal adds $2,188/yr, while 5% annual appreciation compiles into $93,659 by year five. Five-year ROI reaches 197.38% and total cumulative return in cash sums $221,812. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $3,890/mo property income covering a $1,659/mo payment, not borrower’s personal income.
Single Family
Built in 1922
1.95 Acres lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 32011, Callahan, FL area.
| 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 |
Residential
6,170
Single Family
6,142
Multi-Family
28
Businesses
352
Date | Event | Price |
|---|---|---|
| 2024-07-18 | Contingent | $339,000 |
| 2024-05-17 | Listed for sale | $339,000 |
| 2005-02-23 | Sold | $131,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2022-08-27 | $730.62 | 0.65% | $89,918 | 3.00% |
| 2021-08-27 | $725.91 | 1.21% | $87,299 | 1.40% |
| 2020-08-27 | $717.26 | 2.93% | $86,094 | 2.30% |



Listed by: ANDREA SMELY • RE/MAX SPECIALISTS PV
Mls Name: realMLS
Mls Provider:
Mls ID: #2026316
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. Data is deemed reliable but is not guaranteed accurate by realMLS.