543 Cat Island RdDefuniak 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 543 Cat Island Rd, Defuniak Springs, FL, 32433 priced at $176,500 converts $1,763/mo rent into $592/mo cash flow after a $864/mo obligation. Total monthly income equals $1,763/mo, and annual cash flow totals $7,099/yr on $58,510 invested. Return on cash invested prints 32.04% in year one, and rental yield reads 11.99% against a $176,500 entry. Equity gained on principal adds $1,139/yr, while 5% annual appreciation compiles into $48,764 by year five. Five-year ROI reaches 168.54% and total cumulative return in cash sums $98,614. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $1,763/mo property income covering a $864/mo payment, not borrower’s personal income.
Manufactured
Built in 1995
0.44 Acres 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: Ethan Morrison • HomeBiz Properties
Mls Name: ECAOR
Mls ID: #993768