48 4th AveShalimarFL32579
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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 Shalimar at 48 4th Ave, Shalimar, FL, 32579 offers $1,914/mo rent that, after a $1,272/mo payment, leaves $189/mo cash flow. Total monthly income is $1,914/mo, and annual cash flow is $2,272/yr on $86,157 cash. Return on cash invested measures 22.55% in year one, and rental yield stands at 8.84% at a $259,900 entry. Equity gained on principal adds $1,677/yr while 5% annual appreciation compounds into $71,806 by year five. Five-year ROI records 117.59% and total cumulative return in cash reaches $101,314. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $1,914/mo property income versus a $1,272/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Townhouse
Built in 1980
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 32579, Shalimar, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 4,871 (100%) |
| Owner Occupied HU | 3,192 (65.5%) |
| Renter Occupied HU | 1,384 (28.4%) |
| Vacant Housing Units | 295 ( 6.1%) |
| Median Home Value | $499,269 |
| Average Home Value | $603,446 |
Housing Distribution
Address Breakdown
Residential
4,903
Single Family
4,280
Multi-Family
623
Businesses
321
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