539 S 2nd StWewahitchkaFL32465
INVESTMENT ANALYSIS
Investment Verdict
Strong Cash FlowInvestors targeting immediate dollar income will find 539 S 2nd St, Wewahitchka, FL, 32465 in Wewahitchka hard to pass up. The 11.66% gross yield on a $325,000 purchase results in $3,157/mo in rent and $1,000/mo in net cash, well above the spread required for Ziffy Mortgage's DSCR qualification (2.16). Annual cash flow of $12,005, five-year appreciation of $89,792, and $2,993/yr in equity build-up combine for a projected total cumulative return of $188,250.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 11.7% | 8.0% |
| Monthly Cash Flow | $1,000 | $200 |
City averages based on Wewahitchka market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $3,157 |
| Total Monthly Debt Service | $2,027 |
| DSCR Ratio | 1.56x |
Ziffy Mortgage: Your DSCR most likely meets our 1.0+ requirement, so you'll most probably qualify for our standard DSCR investment loan program. To pre-qualify, book time with your loan officer →
Estimates assume 6.0% rate / 30-yr fixed, 30% down, 1% tax, 0.5% insurance. Not a commitment to lend.
Single Family
Built in 1900
0.49 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 32465, Wewahitchka, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,609 (100%) |
| Owner Occupied HU | 2,126 (58.9%) |
| Renter Occupied HU | 543 (15.0%) |
| Vacant Housing Units | 940 (26.0%) |
| Median Home Value | $199,412 |
| Average Home Value | $271,450 |
Housing Distribution
Address Breakdown
Residential
2,818
Single Family
2,818
Multi-Family
0
Businesses
149
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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
Single Family
Built in 1900
0.49 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 32465, Wewahitchka, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,609 (100%) |
| Owner Occupied HU | 2,126 (58.9%) |
| Renter Occupied HU | 543 (15.0%) |
| Vacant Housing Units | 940 (26.0%) |
| Median Home Value | $199,412 |
| Average Home Value | $271,450 |
Housing Distribution
Address Breakdown
Residential
2,818
Single Family
2,818
Multi-Family
0
Businesses
149
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: N/A • N/A
Mls Name: Forgotten Coast Realtor Association
Mls ID: #326518