509 Morgan AveChattahoocheeFL32324
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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 Chattahoochee at 509 Morgan Ave, Chattahoochee, FL, 32324 uses $82,875 cash to close to unlock $18,199/yr annual cash flow and $1,517/mo monthly cash flow. Total monthly income runs $3,176/mo, and a $1,224/mo payment keeps the spread at $1,517/mo. Purchase price stands at $250,000, and rental yield measures 15.24% with $3,176/mo rent. Return on cash invested shows 41.87% in year one, and 5% annual appreciation builds toward $69,070 over five years. Five-year ROI reaches 221.2% and total cumulative return in cash records $183,322. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $3,176/mo property income covering a $1,224/mo payment rather than investor’s personal income.
Single Family
Built in 1950
0.50 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 32324, Chattahoochee, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,777 (100%) |
| Owner Occupied HU | 1,118 (62.9%) |
| Renter Occupied HU | 380 (21.4%) |
| Vacant Housing Units | 279 (15.7%) |
| Median Home Value | $92,771 |
| Average Home Value | $151,854 |
Housing Distribution
Address Breakdown
Residential
1,658
Single Family
1,622
Multi-Family
36
Businesses
149
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Listed by: Melessa A Hampton • Coldwell Banker Hartung
Mls Name: TBR
Mls Provider:
Mls ID: #376620
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.