505 Woodlands BlvdDefuniak 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 505 Woodlands Blvd, Defuniak Springs, FL, 32433 offers $1,980/mo rent that, after a $978/mo payment, leaves $654/mo cash flow. Total monthly income is $1,980/mo, and annual cash flow is $7,846/yr on $66,267 cash. Return on cash invested measures 31.75% in year one, and rental yield stands at 11.89% at a $199,900 entry. Equity gained on principal adds $1,290/yr while 5% annual appreciation compounds into $55,229 by year five. Five-year ROI records 166.91% and total cumulative return in cash reaches $110,605. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $1,980/mo property income versus a $978/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Manufactured
Built in 2022
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: Austin B Arnold • Team Walton Real Estate Professionals
Mls Name: ECAOR
Mls ID: #978419