








A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |


Investment property for sale in Callahan at 55066 WETLAND Way, Callahan, FL, 32011 listed at $450,000 pairs $3,482/mo rent with a $2,203/mo payment to leave $495/mo cash flow. Total monthly income runs $3,482/mo, and annual cash flow reaches $5,943/yr on $149,175 cash to close. Return on cash invested measures 23.89% in year one, and rental yield registers 9.29% at a $450,000 basis. Equity gained on principal adds $2,904/yr, and annual property appreciation at 5% supports $124,327 by year five. Five-year ROI tracks 124.82% and total cumulative return in cash totals $186,198. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $3,482/mo property income relative to a $2,203/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 2006
2.13 Acres lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 32011, Callahan, FL area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 6,371 (100%) |
| Owner Occupied HU | 5,031 (79.0%) |
| Renter Occupied HU | 1,026 (16.1%) |
| Vacant Housing Units | 314 ( 4.9%) |
| Median Home Value | $389,094 |
| Average Home Value | $471,996 |
Residential
6,170
Single Family
6,142
Multi-Family
28
Businesses
352
Date | Event | Price |
|---|---|---|
| 2024-10-04 | Listed for sale | $450,000 |
| 2024-07-17 | Pending sale | $450,000 |
| 2024-07-01 | Price change | $450,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2022-10-15 | $2115.26 | -0.78% | $181,450 | 3.00% |
| 2021-10-15 | $2131.80 | 0.36% | $176,165 | 1.40% |
| 2020-10-15 | $2124.10 | 1.72% | $173,733 | 2.30% |



Listed by: ROBERT G MULLINS JR • SUMMER HOUSE REALTY
Mls Name: realMLS
Mls Provider:
Mls ID: #2025701
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. Data is deemed reliable but is not guaranteed accurate by realMLS.