458 Royal Palm Ave WDefuniak 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 458 Royal Palm Ave W, Defuniak Springs, FL, 32433 priced at $169,900 pairs $1,560/mo rent with $432/mo cash flow after a $832/mo payment. Total monthly income equals $1,560/mo, and annual cash flow comes to $5,185/yr on $56,322 invested. Return on cash invested is 29.12% in year one, and rental yield stands at 11.02% on a $169,900 basis. Equity gained on principal adds $1,096/yr, and 5% annual appreciation accumulates to $46,940 by year five. Five-year ROI measures 152.9% and total cumulative return in cash reaches $86,114. For financing, Ziffy Mortgage’s DSCR program evaluates $1,560/mo property income against a $832/mo payment instead of your W2s, 1099s, or Tax returns.
Manufactured
Built in 2000
10,018 sqft 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: Janet S Hurst • DeFuniak Realty LLC
Mls Name: ECAOR
Mls ID: #978368