5585 Highway 393CrestviewFL32539
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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 Crestview at 5585 Highway 393, Crestview, FL, 32539 offers a 21.53% rental yield on a $135,700 purchase with $2,435/mo rent. Total monthly income registers $2,435/mo, and a $664/mo payment leaves $1,535/mo available for distribution. Annual cash flow reaches $18,416/yr on $44,985 to close, and return on cash invested stands at 60.85% in year one. Equity gained on principal adds $876/yr while 5% annual appreciation supports $37,491 over five years. Portfolio math shows five-year ROI at 322.97% and total cumulative return in cash at $145,288. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $2,435/mo property income against a $664/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 2004
1.18 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 32539, Crestview, FL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 13,802 (100%) |
| Owner Occupied HU | 9,569 (69.3%) |
| Renter Occupied HU | 3,217 (23.3%) |
| Vacant Housing Units | 1,016 ( 7.4%) |
| Median Home Value | $353,112 |
| Average Home Value | $444,509 |
Housing Distribution
Address Breakdown
Residential
13,286
Single Family
13,183
Multi-Family
103
Businesses
286
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